China's GDP expands 5% in H1 in 2024

By Global Times

Jul 17, 2024 12:15 am

CHINA'S gross domestic product (GDP) expanded 5 percent to reach 61.68 trillion yuan ($8.49 trillion) in the first half of 2024, data from the National Bureau of Statistics (NBS) showed on Monday, demonstrating the resilience and innate strength of the world's second-largest economy.

In the second quarter, China's GDP grew by 4.7 percent year on year, edging down slightly from the 5.3-percent growth recorded in the first quarter.

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