China Gdp Growth 2024 Forecast. China’s factory activity contracted for a third straight month in july, leaving the economy on a weak trajectory that’s. The chinese economy expanded 4.7% yoy in q2 of 2024, missing market forecasts of 5.1% and slowing from a 5.3% growth in q1.
In 2024, real gdp growth is forecast to increase 3.1%, a slight rise from october’s outlook. These reflect upward revisions of 0.4 percentage points for both years.