China Real Gdp Growth Rate 2024. Chinese leaders plan to set an annual growth goal of about 5% for next year and raise the budget deficit to 4% of gross domestic product, reuters reported, citing two people it. China’s economy is projected to grow by 5 percent in 2024 and 4.5 percent in 2025.
With cyclical and structural factors constraining growth, real gdp growth should be around 3½ percent next year and close to 3 percent in 2026. China’s gdp data is a bit squirrely (china still doesn’t produce data on real output in level terms, a rather stunning data gap that the imf should not tolerate).
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