Workflow
【国际锐评】中国经济“稳”中有“进”,世界就有新动力
300152NEW POWER(300152) 中国经济网· Zhong Guo Jing Ji Wang·2025-01-18 08:21

Economic Performance - In 2024, China's GDP reached 13,490.84 billion yuan, with a year-on-year growth of 5.0% at constant prices, which was described as "better than expected" by foreign media [1] - China's industrial added value above designated size grew by 5.8% year-on-year, and fixed asset investment increased by 3.2% compared to the previous year [1] - The total retail sales of consumer goods in China increased by 3.5% year-on-year, with online retail sales of physical goods growing by 6.5% [3] Policy Measures - China implemented a series of proactive policies to address economic pressures, including enhancing macroeconomic policy counter-cyclical adjustments, which significantly contributed to the economic recovery in the fourth quarter [2] - Measures were introduced to stimulate domestic demand and consumption, particularly targeting middle and low-income groups to boost consumption vitality [2] - Targeted actions were taken to mitigate risks related to local government debt and enhance the internal driving force of local economies [2] Global Economic Impact - China's economic stability and growth are seen as crucial for global economic stability, with the country being the largest contributor to global economic growth [2][4] - The International Monetary Fund predicts a global economic growth rate of 3.2% for 2024, while the European Central Bank forecasts a growth rate of 0.7% for the Eurozone [2] - Foreign enterprises are increasingly looking to expand their growth points in China, benefiting from the country's large market capacity and complete industrial system [4] Innovation and Development - High-tech manufacturing value-added growth outpaced that of the overall industrial sector by 3.1 percentage points, indicating a shift towards new productive forces [3] - Investment in high-tech industries grew faster than total fixed asset investment by 4.8 percentage points, showcasing the ongoing transformation and upgrading of traditional industries [3] - Innovations in battery technology and artificial intelligence in China are expected to influence global markets in the coming years [3]