BEIJING: China's gross domestic product (GDP) grew 5 percent year-on-year in the first half of 2024, data from National Bureau of Statistics (NBS) showed Monday.
According to Xinhua News Agency, China's GDP reached around 61.68 trillion yuan (about U...
BEIJING: China’s gross domestic product (GDP) grew 5 percent year-on-year in the first half of 2024, data from National Bureau of Statistics (NBS) showed Monday.
According to Xinhua News Agency, China’s GDP reached around 61.68 trillion yuan (about US$8.65 trillion) in the first half.
In the second quarter, the country’s GDP expanded 4.7 percent year-on-year, according to the NBS.
“Overall, the national economy has continued to improve in the first half in a stable manner,” said an NBS spokesperson commenting on the economic performance, citing support from policy incentives, rebound in external demand and development of new quality productive forces.
Source: Emirates News Agency
