News Article

The import volume of Guangdong rose steadily in the first quarter of the year, playing a big part in supporting the province's economic growth, a senior customs officer said.

Chan announced the expected growth figures as he delivered the special administrative region's 2024-25 budget. Last year, the city's economy grew 3.2 percent.

Shanghai will step up efforts to attract more investment into the city in order to stabilize economic growth and optimize its economic structure, city officials said at a news conference on 21st of Feb.

Global economic growth is projected to decrease to 2.7 percent, and if China maintains a growth rate of 5 percent, it is expected to continue contributing over 30 percent to global growth, thereby driving global demand, said Zhu Min, vice chairman of China Center for International Economic Exchanges (CCIEE) and former deputy managing director of the International Monetary Fund (IMF), on 24th of Jan.

China's overall economy is expected to witness stable operation in 2024 and progress is projected to be made during its steady development.