BEIJING: China’s economy demonstrated remarkable resilience and adaptability in 2024 amid complex domestic and global landscapes.
The country’s economic trajectory was marked by steady progress and supported by a robust package of measures.
Notable growth was seen in key economic indicators such as industrial output, alongside progress in the stabilisation of the real estate market.
Targeted reforms, fiscal support and innovation-driven measures bolstered domestic confidence. And the global significance of China’s economic performance is clear.
China’s economy is expected to have contributed close to 30% of global growth in 2024, highlighting its pivotal role in the international economic landscape.
The country has made significant strides in areas of heightened domestic and international interest – consumption, foreign investment, real estate and green development. — Xinhua