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).

Jan 17, 2025 · HONG KONG (AP) — China’s economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, thanks to strong exports and recent stimulus measures.

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...

20 hours ago · Yet lately, China’s steel and aluminum exports are on the rise because its economy is struggling, sapping domestic demand. Many of these low-cost exports have gone to American allies like Canada ...

Jan 16, 2025 · Is China's economic slowdown more severe than reflected in official data? Here's a cheat sheet for looking at actual economic performance in 2024 and 2025.

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.

5 days ago · Breaking news and top stories on the state of China's economy. The latest economic data, reports and updates from China, including GDP growth and unemployment rates.

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 ...

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.

Apr 15, 2024 · On Tuesday, China’s National Bureau of Statistics said the economy grew 1.6 percent in the first quarter over the previous three months. When projected out for the entire year, the...