China's Economy Exceeds Expectations with 4.7% Growth in Q2 2024

Monday, 15 July 2024, 02:02

China's economy recorded a growth rate of 4.7% in the second quarter of 2024, slightly below the 5.3% growth in the previous quarter, as per official data from the National Bureau of Statistics. This unexpected deviation from the projected 5.1% growth has implications for both domestic and global economic trends. Despite the lower growth figure, China continues to demonstrate resilience amid changing market conditions.
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China's Economy Exceeds Expectations with 4.7% Growth in Q2 2024

China Economic Growth Report

China's economy saw a growth of 4.7% in Q2 2024, a slight decrease from the previous quarter.

Key Points:

  • 4.7% growth exceeds expectations set at 5.1%.
  • Official data from the National Bureau of Statistics (NBS) confirms the figures.
  • This unexpected deviation reflects evolving economic trends.

The recent growth rate indicates both challenges and opportunities for the economy.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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