China’s economy is revving up for a strong finish to 2024, with recovery momentum set to continue through November and December, according to the National Development and Reform Commission (NDRC). The agency—China’s top economic planner—credits targeted policies for stabilizing growth despite global headwinds. 🌏💼
NDRC spokesperson Li Chao highlighted rising business confidence since September, with companies showing 'increased willingness to invest and produce.' Think of it like a viral TikTok trend—once momentum starts, everyone wants in! 📈✨
China’s GDP grew 4.8% year-on-year in the first three quarters of 2024, per official data. With the annual growth target hovering around 5%, the NDRC is doubling down on measures to close the gap. Spoiler alert: 2024’s economic finale might just stick the landing. 🎯
For young professionals and entrepreneurs tracking Asian markets, this signals resilience. As Li put it: 'The policy toolkit is delivering results.' Translation: China’s economy isn’t just bouncing back—it’s learning to flex. 💪🔥
Reference(s):
NDRC: China's economy to sustain recovery in November & December
cgtn.com