Key Insights
China's GDP reached 134.91 trillion yuan (US$18.80 trillion) in 2024, reflecting a 5% year-on-year growth at constant prices.
The secondary industry expanded by 5.3% year-on-year to RMB 49.21 trillion (US$6.85 trillion), while the tertiary industry grew by 5% to RMB 76.56 trillion (US$10.63 trillion).
Private domestic demand remained lackluster, with core inflation averaging 0% in 2025, indicating subdued consumer spending.
AI Analysis
China's economy is projected to experience a gradual slowdown, with growth expected to decelerate to 4.5% in 2026. This trend may continue if domestic...
Market Outlook
Short-Term
In the short term, China's 5% GDP growth in 2024 is expected to support global demand, particularly benefiting export-driven economies. However, the muted domestic consumption may limit the growth of sectors reliant on internal markets.
Long-Term
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