China's GDP expands 5% in H1: Continued stability and growth
2024-07-16 09:46:41 source：CGTN
July 15, 2024
China's economy continues to remain stable in the first half of 2024, expanding by 5 percent to reach 61.68 trillion yuan ($8.49 trillion), aligning with the government's annual target, according to data released by the National Bureau of Statistics (NBS) on Monday.
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," the NBS said in a statement commenting on the economic performance, citing support from policy incentives, rebound in external demand and development of new quality productive forces.
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