World Bank raises China's GDP forecast for 2024, 2025
The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it down next year.
China Raises 2023 GDP to $17.730 Trillion
China raised its 2023 gross domestic product by 2.7% to 129.4 trillion yuan, equivalent to $17.730 trillion, the chief of the nation's statistics bureau said in a press conference on Thursday.
China's value-added industrial output forecast to grow 5.7% in 2024
BEIJING - China's value-added industrial output of enterprises above the designated size is forecast to grow by about 5.7 percent year-on-year in 2024, official data showed Friday.
World Bank lifts China growth forecast but calls for deeper reforms
The World Bank has raised its near-term economic forecasts for China while repeating calls for President Xi Jinping to pursue deep reforms to address lagging confidence and structural problems in the world’s second-biggest economy.
World Bank Ups China’s Growth Forecast to 4.9% Amid Economic Challenges
The World Bank raised China's GDP growth forecast to 4.9%, citing robust growth despite challenges like weak demand and real estate issues.
World Bank sees better growth for China in 2024, 2025
The World Bank has recently updated its economic forecasts for China, raising the projected GDP growth for 2024 and 2025. The World Bank now expects China's GDP to grow by 4.9% in 2024, up from its June forecast of 4.
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