SHANGHAI, Sept. 26, 2024 /PRNewswire/ -- Steady progress, steady improvement - China's macroeconomic GDP growth rate has increased from 4.9% in the third quarter of 2023 to 5.2% in the fourth quarter and 5.3% in the first quarter of 2024. According to predictions, the economic growth rate is expected to be 4.9% in 2025. In this year's government work report, it is proposed to cultivate and expand new consumption, actively cultivate new consumption growth points such as entertainment tourism, smart travel, fashion trends, etc. This trend will help many global investment growth and new market consumption. It is expected that China will attract more fixed assets investment and industrial innovation from the second half of 2024 to 2025.
The Cultural Tourism Hotel Industry and New Commercial Projects are Steadily Growing
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