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China poised to hit its 2024 growth target: Xi

Beijing | China’s gross domestic product is expected to expand around 5 per cent for the full year of 2024, President Xi Jinping said, signalling the world’s second-largest economy was on track to meet its official target.

China’s economy was “overall stable and progressing amid stability”, Mr Xi said at a New Year Eve event late on Tuesday, according to a speech published by the official Xinhua News Agency. Risks in key areas were addressed, while employment and prices remained steady, he said.

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    Original URL: https://www.afr.com/world/asia/china-is-poised-to-hit-its-2024-growth-target-xi-20250101-p5l1gg