1. 21 Nov 2024  |  Asia Pacific  |  Economic and Databases

    Macroeconomic Growth Opportunities, China, 2024‒2029

    High-tech Manufacturing, Trade Diversification, Domestic Consumption Boost, and Healthcare Stimulus Fuel Medium-term Growth

    China's economy is poised for steady growth, projecting a 4.8% increase in GDP for 2024, following a 5.2% rise in 2023. This growth is supported by robust public investment, a resurgence in private consumption, and increased net exports. However, challenges such as an aging labor force, escalating debt levels, and geopolitical tensions around Taiwa...

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