H1 GDP data may surpass preset target

By Global Times

Jul 10, 2024 12:16 am

CHINA'S economy may post a faster-than-5-percent growth rate for the first half (H1) of the year, exceeding a preset annual target, according to predictions made by a number of Chinese economists on Monday. A growth rate in the range of 5.1 to 5.4 percent was predicted for the second quarter.

The predictions came as China is scheduled to post its first-half and second-quarter gross domestic product (GDP) data in mid-July. In March, China set its 2024 GDP growth target at around 5 percent.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Latest work figures reinforces US economy

AI demand boosts Foxconn revenue

Vietnam's economy grows 7.4% in Q3

Two firms blamed for flawed Boeing parts

Stimulus boosts China homes sales

Meta AI turns pictures into videos with sound

US dockworkers end strike on pay deal