China Gdp

The Chinese Communist Party's (CCP) two sessions of top political meeting started on Saturday, March 4, and are expected to last for two weeks. The regime has set its 2023 gross domestic product (GDP) target at its lowest level in years, NTD Report.

According to China's National Bureau of Statistics (NBS), the annual GDP growth of the country fell to 3 per cent, much below the 5.5 per cent official target in 2022 and its economic slowdown has the potential to generate ripple effects.

The annual GDP of China totalled 121.02 trillion yuan ( $17.94 trillion) in 2022, falling below the 5.5 per cent official target, the National Bureau of Statistics (NBS) said.

Chinas long-delayed data showed a mixed recovery in Q3, with unemployment rising and retail sales weakening despite a pickup in growth.

China's economy grew at 4.8 per cent in the first quarter, falling below the 5.5 per cent target set for this year by Communist Party

The mounting cost of China's zero-Covid policy threatens to derail Beijing's ambitious GDP target, analysts say, as supply chains snarl, ports face delays and Shanghai remains mired in lockdown.

China has lowered its GDP target to 5.5 per cent for this year bringing it down from last year's 6.1 per cent

In 2016, an unnamed "authoritative person" gained international prominence by laying out the long-term economic thinking of China's top leaders, saying that the government should prioritize cutting leveraging instead of juicing up GDP growth.

China's economy grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic Covid-19 outbreaks and raising heat on policymakers amid rising jitters over the property sector.

Growth slowed significantly from a record 18.3 per cent expansion in the January-March period, when the year-on-year growth rate was heavily skewed by the COVID-induced slump.

Aided by strict virus containment measures and emergency relief for businesses, the economy has recovered from a steep 6.8 per cent slump in the first three months of 2020.

China's economy expanded at its fastest pace in record in the first quarter, data showed Friday, in a sharp turnaround from its historic contraction caused by the coronavirus outbreak.

Chinese Premier Li Keqiang said on Thursday that the government's 2021 goal for economic growth of more than 6% is not a low target.

China's economy grew at the slowest pace in more than four decades last year despite a rebound after the country's coronavirus outbreak, official data showed Monday.

Congress MP Rahul Gandhi cited figures collated by renowned economist Kaushik Basu - which project India's GDP as contracting the most among a selection of 11 Asian nations, including China - to take yet another swipe at the government

The Chinese Communist Party's (CCP) two sessions of top political meeting started on Saturday, March 4, and are expected to last for two weeks. The regime has set its 2023 gross domestic product (GDP) target at its lowest level in years, NTD Report.

According to China's National Bureau of Statistics (NBS), the annual GDP growth of the country fell to 3 per cent, much below the 5.5 per cent official target in 2022 and its economic slowdown has the potential to generate ripple effects.

The annual GDP of China totalled 121.02 trillion yuan ( $17.94 trillion) in 2022, falling below the 5.5 per cent official target, the National Bureau of Statistics (NBS) said.

Chinas long-delayed data showed a mixed recovery in Q3, with unemployment rising and retail sales weakening despite a pickup in growth.

China's economy grew at 4.8 per cent in the first quarter, falling below the 5.5 per cent target set for this year by Communist Party

The mounting cost of China's zero-Covid policy threatens to derail Beijing's ambitious GDP target, analysts say, as supply chains snarl, ports face delays and Shanghai remains mired in lockdown.

China has lowered its GDP target to 5.5 per cent for this year bringing it down from last year's 6.1 per cent

In 2016, an unnamed "authoritative person" gained international prominence by laying out the long-term economic thinking of China's top leaders, saying that the government should prioritize cutting leveraging instead of juicing up GDP growth.

China's economy grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic Covid-19 outbreaks and raising heat on policymakers amid rising jitters over the property sector.

Growth slowed significantly from a record 18.3 per cent expansion in the January-March period, when the year-on-year growth rate was heavily skewed by the COVID-induced slump.

Aided by strict virus containment measures and emergency relief for businesses, the economy has recovered from a steep 6.8 per cent slump in the first three months of 2020.

China's economy expanded at its fastest pace in record in the first quarter, data showed Friday, in a sharp turnaround from its historic contraction caused by the coronavirus outbreak.

Chinese Premier Li Keqiang said on Thursday that the government's 2021 goal for economic growth of more than 6% is not a low target.

China's economy grew at the slowest pace in more than four decades last year despite a rebound after the country's coronavirus outbreak, official data showed Monday.

Congress MP Rahul Gandhi cited figures collated by renowned economist Kaushik Basu - which project India's GDP as contracting the most among a selection of 11 Asian nations, including China - to take yet another swipe at the government