CH GDP q/y
It's the broadest measure of economic activity and the primary gauge of the economy's health;
Data represents the quarterly value compared to the same quarter a year earlier. Chinese data can have a broad impact on commodity markets due to China's influence on global demand;
- CH GDP q/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Apr 15, 2024 | 5.3% | 4.8% | 5.2% |
Jan 16, 2024 | 5.2% | 5.3% | 4.9% |
Oct 17, 2023 | 4.9% | 4.5% | 6.3% |
Jul 16, 2023 | 6.3% | 7.1% | 4.5% |
Apr 17, 2023 | 4.5% | 4.0% | 2.9% |
Jan 16, 2023 | 2.9% | 1.6% | 3.9% |
Oct 23, 2022 | 3.9% | 3.3% | 0.4% |
Jul 14, 2022 | 0.4% | 1.2% | 4.8% |
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- CH GDP q/y News
- From corporate.nordea.com|Apr 16, 2024
The first quarter data confirmed that stimulus measures are boosting China’s GDP growth towards the 5% target in 2024. At the same time, sectoral differences are large as consumer confidence is weak and the downturn in the housing sector continues. China’s GDP increased by 5.3% y/y and 1.6% q/q in the first quarter of 2024. The quarterly numbers were somewhat higher than had been expected but many monthly indicators actually weakened in March. There continues to be large sectoral differences in the short-term outlook which is not a ...
- From think.ing.com|Apr 16, 2024
China’s National Bureau of Statistics has published key economic activity for March and the first quarter of 2024. The highlight was China's 1Q24 GDP coming in stronger than expected at 5.3% YoY, well above the market consensus and our forecasts for 4.8% and 4.7% growth respectively. This positive start to the year bodes well for the economy managing to achieve its 5% growth target for 2024. In the past few months, we have discussed shifting growth drivers in China, and this month’s data further illustrated this development. ...
- From bnnbloomberg.ca|Apr 15, 2024
China’s economic growth beat expectations in the first quarter, as factory output led the expansion bolstering expectations the government can hit its ambitious annual target. Gross domestic product increased 5.3% in the January-to-March period from a year earlier, data released by the National Bureau of Statistics showed Tuesday. That’s higher than the median estimate of 4.8% in a Bloomberg survey of economists and just above a growth rate of 5.2% in the final quarter of 2023. Other Key Figures From the Data: Industrial production ...
- From stats.gov.cn|Apr 15, 2024
In the first quarter, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of seeking progress while maintaining stability, promoting stability through progress and establishing the new before abolishing the old, intensified efforts on macro regulation, gave priority to ensuring stability in ...
- From pepperstone.com|Apr 14, 2024
Financial markets were given a series of jolts last week, as volatility ratcheted higher once more, as participants digested another hotter-than-expected US CPI report, while also grappled with mounting geopolitical risks, and much else besides. Ultimately, though, a dash for havens proved the dominant theme, with the dollar notching its best week since September ‘22, stocks slipping once more, and gold rallying to fresh record highs. Over the week ahead, as the data docket thins out a touch, attention will remain on incoming ...
- From channelnewsasia.com|Jan 25, 2024
Clean-energy projects were the largest driver of China's economic growth in 2023, with Beijing investing nearly as much in decarbonisation infrastructure as total global investment in fossil fuels, according to a report released on Thursday (Jan 25). China is the world's biggest emitter of greenhouse gases driving climate change, but it is also the top producer of wind and solar energy. Faced with soaring energy consumption, the country has turbocharged its use of renewables – but also in 2022 approved its largest expansion of ...
- From bnnbloomberg.ca|Jan 18, 2024|1 comment
Longstanding suspicions about the accuracy of China’s official GDP growth data have spurred a market for alternative calculations, which kicked into action this week after Beijing announced economic expansion for 2023 was in line with its annual target of around 5%. There’s a consensus that the economy grew last year, propelled by a rebound in consumption after pandemic restrictions were lifted. That’s readily visible in data compiled outside China’s National Bureau of Statistics — such as the number of domestic flights, or the ...
- From nasdaq.com|Jan 17, 2024
The night before China's civil service exam, Melody Zhang anxiously paced up and down the corridor of her dormitory, rehearsing her answers. Only when she got back to her room did she realise she had been crying the whole time. Zhang was hoping to start a career in state propaganda after more than 100 unsuccessful job applications in the media industry. With a record 2.6 million people going for 39,600 government jobs amid a youth unemployment crisis, she didn't get through. "We were born in the wrong era," said the 24-year-old ...
Released on Apr 15, 2024 |
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Released on Jan 16, 2024 |
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