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China's GDP Growth Projected at 5% for 2024, Xi Jinping Affirms Stability

share-iconTuesday, December 31 comment-icon3 weeks ago 8 views
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indiatimesINDIATIMES
China's GDP Growth Projected at 5% for 2024, Xi Jinping Affirms Stability

Credited from: INDIATIMES

  • Xi Jinping announced that China's GDP is aimed to grow around 5% for 2024, indicating the economy is stabilizing.
  • He stated that the economy is overall stable despite facing risks, with steady employment and prices.
  • Policymakers have implemented stimulus measures to improve the economic outlook, shifting to more proactive macroeconomic policies.
  • Xi called for confidence in addressing external uncertainties and adapting to new growth drivers.
  • The official GDP growth target will be disclosed in March 2025, but preparations for continued support are evident.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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