China Gdp 2024 Q1 Report. The chinese economy expanded 4.7% y/y in q2 of 2024, missing market forecasts of 5.1% and slowing from a 5.3% growth in q1, the weakest yearly advance since q1 of 2023, amid a. A reuters poll that was completed before the first quarter gdp data had forecast china's 2024 growth at 4.6%, but many economists have upgraded their projections since the.
Gross domestic product (gdp) grew by 5.3% in the first quarter from a year ago, according to the national bureau of statistics on tuesday. In q1, chinaโs gdp grew by 5.3% yoy, setting the stage for the economy to achieve its official 5% target.