CICC predicts that China's nominal GDP growth rate in 2024 i...

Spinee wrote a post · Nov 9, 2023 17:09

CICC predicts that China's nominal GDP growth rate in 2024 is likely to be around 6.3%, significantly higher than the approximately 4.7% projected for 2023. And the actual GDP growth rate is expected to be around 5.0%.

CICC believes that fiscal policy will continue to be strengthened in 2024, and compared to the support for infrastructure through the issuance of 1 trillion yuan in government bonds, there may be a shift towards prioritizing people's welfare in the fiscal budget next year.

$KraneShares CSI China Internet ETF (KWEB.US)$ $Hang Seng H-Share Index ETF (02828.HK)$ $Hang Seng Index (800000.HK)$ $NASDAQ Golden Dragon China (.HXC.US)$ $BIDU-SW (09888.HK)$ $MEITUAN-W (03690.HK)$ $Meituan ADR (MPNGY.US)$ $JD-SW (09618.HK)$ $BABA-W (09988.HK)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

33K Views

Comment

Spinee

1950

Followers

Following

13K

Visitors