Xi Jinping: China’s 2024 GDP growth set to hit target of around 5%
Tuesday, 31 December 2024
China's GDP is expected to grow around 5% in 2024, says President Xi Jinping. The economy showed stability despite uncertainties, aided by stimulus measures. Xi emphasized proactive macroeconomic policies for 2025 while addressing challenges. Upcoming monetary easing by the PBOC and further stimulus measures are anticipated to support growth amid weak demand and external uncertainties.
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