The Chinese mainland has successfully met its 2024 GDP growth target, achieving a 5 percent increase. This commendable performance was primarily driven by strong industrial output and a surge in exports, showcasing the resilience and dynamism of the region's economy.
In the fourth quarter alone, the Chinese mainland recorded a robust 5.4 percent growth, surpassing analysts' expectations. This outperformance underscores the effective measures taken to stimulate economic activity and maintain stability amidst global uncertainties.
As the world's second-largest economy continues to navigate the complexities of international trade and industrial demands, the growth figures highlight the ongoing strength and adaptability of its economic strategies.
Reference(s):
Chart of the Day: Key takeaways from China's 2024 economic figures
cgtn.com
