Great news for the Chinese mainland! The National Development and Reform Commission (NDRC) announced that the economy is on track to sustain its recovery through November and December. 📈✨
At a recent press conference, NDRC spokesperson Li Chao highlighted the effectiveness of the country's policy toolkit, which has been pivotal in boosting market confidence and encouraging businesses to invest and expand. 🏢💼
Despite facing both domestic and international challenges, data from the National Bureau of Statistics revealed that China's GDP grew by an impressive 4.8% year on year in the first three quarters of 2024. The NDRC is collaborating with various parties to ensure the full-year growth target of around 5% is achieved. 🌍💪
With rising optimism among businesses and continuous support from the government, the outlook remains positive for the rest of the year. Stay tuned for more updates on China's economic journey! 🚀
Reference(s):
NDRC: China's economy to sustain recovery in November & December
cgtn.com