The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2017 has been the world's largest economy when measured by purchasing power parity (PPP).

Oct 6, 2024 · But the benchmark’s fortunes were unexpectedly turned around in late September when China’s top leaders announced a raft of measures to support the country’s flailing economy. The index has since...

Aug 26, 2024 · Western multinational corporations are advised to adopt a pragmatic approach to capitalize on four key strengths of China’s economy: its innovation ecosystem, its investment in the Global...

Jan 17, 2025 · China's economy grew 5% last year, matching the government's target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its ...

Jun 27, 2024 · Earlier this year, China announced an ambitious goal of reaching 5% economic growth in 2024. Today, nearly seven months into the year, economists and government officials say they are optimistic that China can reach its goal.

Sep 16, 2024 · Following a slew of data released over the weekend from China that painted a fairly bleak outlook for its economy, economists have tapered their expectations for the country's full year GDP...

China's economy faces a more challenging 2024, having expanded by 5.2% in real terms in 2023. There remain thorny issues in the economy, including a continued downturn in the property sector, a debt overhang among local governments, elevated youth unemployment and deflationary pressures.

Oct 24, 2024 · Despite multiple headwinds, China’s economy grew at a robust rate of 5.0 percent in the first half of 2024, supported by consumer spending on services, exports, and investment in manufacturing and public infrastructure.

Oct 3, 2024 · China’s $18 trillion economy has been struggling across a range of sectors. Manufacturing activity, as of September, has been in contraction since April 2023, bar three months.

Dec 20, 2024 · The International Monetary Fund (IMF) assesses that the People’s Republic of China’s (PRC’s or China’s) real gross domestic product (GDP) grew by 5.2% in 2023 and projects 5.0% real GDP growth in 2024. This growth is unbalanced, with supply much higher than domestic demand.