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China s GDP surges past forecasts, boosted by robust recovery efforts

China s GDP surges past forecasts, boosted by robust recovery efforts
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Cong yiLi qiangNational bureau of statisticsGlobal timesNational bureauTianjin university

Emirates News Agency - China s GDP surges past forecasts, boosted by robust recovery efforts

BEIJING, 24th October, 2023 (WAM) China's GDP grew by 4.9% year-on-year in Q3, surpassing economists' predictions of 4.4%. This demonstrates the continuing momentum of China's economic recovery, spurred by the introduction of various macro-policies since July.According to a Global Times report, Chinese analysts emphasise the strength and resilience of the Chinese economy. They believe China is on track to meet its annual growth target of approximately 5% this year. The analysts pointed out the vast potential in the Chinese economy, considering dividends from labour.

Cong yiLi qiangNational bureau of statisticsGlobal timesNational bureauTianjin university

China confident to achieve 5% GDP growth rate in 2023

China confident to achieve 5% GDP growth rate in 2023
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Cong yiLi qiangNational bureau of statisticsNational bureauPeking universityTianjin universityPremier li qiangFive year planTian yun

Latest economic data shows Chinese economy on stabilizing, recovery track; demonstrating resilience despite pressure: observers

China released a series of positive economic indicators on Friday, including higher-than-anticipated exports, improving social financing data, and a rebounding consumer situation, signaling that the world s second-largest economy is withstanding external pressure and on a path to sustained recovery bolstered by a range of supportive policy measures over recent months, observer said.

Cong yiUnited statesZhou maohuaSteven barnettLi qiangZhu qiuchengForum for international cooperationNational bureau of statisticsAdministration of customsChina everbright bankChina international import expoChina international supply chain expoPeople bankMonetary policy department of china central bankNingbo new oriental electric industrial developmentEast china

China s Golden Week holidays conclude with robust tourism, consumption

China s Golden Week holidays conclude with robust tourism, consumption
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Zhang yiCong yiInner mongolia autonomous regionNei mongolChina railwayMedia research instituteNational bureau of statisticsNational dayMinistry of commerceMinistry of cultureMid autumn festivalGolden weekGlobal timesSouthwest chinaBingling temple grottoesNorthwest china