Policy support late this year has set the world's second-largest economy on track for a growth target of "around 5%" as activity warmed slightly, but challenges such as potential US tariff hikes under Trump 2.0 still weigh on prospects for next year.
Gross domestic product (GDP) in 2023 was raised by 3.4 trillion yuan to 129.4 trillion ($17.73 trillion), Kang Yi, the head of the National Bureau of Statistics, told a press conference, while releasing the fifth national economic census.
He did not explain the reasons for the 2023 revision, but said the bureau would provide further details on its website within days.
This story is from the December 27, 2024 edition of Financial Express Chennai.
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This story is from the December 27, 2024 edition of Financial Express Chennai.
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