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China GDP

Explainer | What makes China’s ultra-long ‘special bonds’ so special?

China has only issued its ultra-long-term government bonds in special circumstances – here’s why this year qualifies.

3 hours agovideocam

China’s consumption key to growth as Trump tariff threat looms, economist says

18 Nov 2024 - 7:00AMvideocam

Recap | China’s stimulus boosts retail sales, GDP hopes amid debt relief concerns: 5 economy stories

16 Nov 2024 - 2:37PM

UBS cuts China stock forecast amid Trump tariff threat, weak stimulus

Swiss money manager cuts mid-2025 and end-2025 targets for MSCI China Index because of tariff uncertainties and disappointing stimulus.

13 Nov 2024 - 10:22AM

UBS Global Wealth Management, which is part of UBS Group, manages US$6.2 trillion of assets. Photo: Reuters

China says stability, ‘deepened reform’ are crucial for economic growth

Party mouthpiece doubles down on positive message and confidence in achieving China’s GDP growth goal for 2024.

12 Nov 2024 - 3:44PM

Navigating ‘tough phase’, China says economy is on road to recovery

Positive spin by party mouthpiece, while shying away from ‘chasing rapid growth’, comes as questions linger over China’s stimulus measures.

12 Nov 2024 - 9:01AMvideocam

China’s 2025 GDP growth forecast cut by UBS on Trump threat, others wait and see

Swiss investment bank UBS cuts China’s gross domestic product growth projection to ‘around 4 per cent’ for next year, others remain optimistic.

11 Nov 2024 - 5:30PMvideocam

A man installs lanterns outside a newly opened restaurant in Beijing. Photo: AFP

China export ‘rush’ expected ahead of Trump’s tariffs, Beijing to show restraint

China’s export container freight index for shipments for US east and west coast routes stabilised and rebounded at the start of November.

11 Nov 2024 - 1:49PMvideocam

Open Questions | Economist Huang Yiping on Trump trade war 2.0 and China’s stimulus ‘U-turn’

Huang Yiping of Peking University talks the re-election of Donald Trump and why China needs its own Marshall Plan.

12 Nov 2024 - 7:01PMvideocam

China unveils debt-relief plan, keeps further stimulus salvo in reserve arsenal

Week-long NPC Standing Committee meeting ends with mostly forward-looking plans to right China’s economic ship.

8 Nov 2024 - 11:53PMvideocam

A week-long NPC Standing Committee meeting ended on Friday with mostly forward-looking plans to right China’s economic ship. Photo: AFP

China adds 6 trillion yuan in relief for ‘debt bombs’ – as it happened

China’s top legislative body approved additional debt relief for local governments and promised more support next year.

8 Nov 2024 - 6:07PM

China’s top legislative body is expected to reveal more of its stimulus plans days after Donald Trump won the US presidential election. Photo: Siqi

China to stick with ‘around 5%’ GDP target in 2025 despite Trump win: economist

US President-elect Donald Trump has said he would impose a 60 per cent tariff on Chinese goods.

8 Nov 2024 - 11:00AMvideocam

Reform, stimulus, both? Trump victory prompts questions on China’s policy plan

As China’s stimulus begins to show a stabilising effect, academics say structural changes needed to buoy demand and counter Trump policies.

7 Nov 2024 - 9:12AMvideocam

‘No excuses’: China’s provinces push officials to hit annual growth targets

Local governments in China are urging officials to spare no effort in meeting annual economic targets as 2024 nears its end.

6 Nov 2024 - 8:00AMvideocam

Hainan, China’s southern island province, is one of several regions attempting to fuel economic growth as the year reaches its end. Photo: Xinhua

Opinion | How can China’s reforms succeed when officials act like overbearing parents?

The ‘we-know-best’ mentality prevents market forces from playing a decisive role and affects investor confidence.

5 Nov 2024 - 5:30AMvideocam

In stimulus signal, China’s top legislature mulls debt swap plan on first day

China’s top legislative body is reviewing local debt swaps on the first day of its session, suggesting more fiscal stimulus could arrive.

8 Nov 2024 - 2:55PMvideocam

Explainer | Will China’s top legislature give the green light to fiscal stimulus package?

As China’s top legislative body prepares to convene, we look at the likelihood of a fiscal stimulus and the process needed to approve it.

4 Nov 2024 - 4:22PMvideocam

Roar of Shenzhen economic engine sets ‘good example for China’: analyst

China’s tech hub saw its GDP growth outpace major economic regions in the first three quarters of the year.

30 Oct 2024 - 5:04PM

A construction project is underway in Shenzhen, China’s southern tech hub where economic growth outpaced the national average over the year’s first three quarters. Photo: Xinhua

Top Chinese officials urged to make all-out effort to hit annual growth targets

Beijing has already unveiled a series of stimulus measures, with more expected amid a final push to reach this year’s ‘around 5 per cent’ target.

30 Oct 2024 - 9:07AMvideocam

Why are Chinese delivery drivers having meltdowns?

28 Oct 2024 - 5:27PM

China’s steel and oil industries face mounting losses amid economic slowdown

China steel’s industry racked up losses of US$5 billion from January to September, while the oil sector’s losses widened to US$4.5 billion.

28 Oct 2024 - 1:04PMvideocam

China’s steel mills have been forced to slash output to protect margins hammered by the protracted property crisis. Photo: Reuters

China’s top legislature to meet amid US election, take result into consideration

China’s top legislature meeting provides a window for potential fiscal stimulus announcement; current agenda includes discussion of financial work and review of law revisions.

25 Oct 2024 - 7:13PMvideocam

China’s top legislature will meet as voters in the United States elect their next president. Photo: SCMP

Explainer | China’s stimulus salvo enters second month: our overview, and what comes next

After one month of rapid-fire economic stimulus, we look at China’s plan of action and survey what might be in the pipeline.

24 Oct 2024 - 9:09AMvideocam

Guangdong, China’s powerhouse province, loses pace in race for GDP growth

Though it was once a reliable performer among Chinese regions, Guangdong province has reported a steady slowdown in GDP growth for 2024.

23 Oct 2024 - 5:00PM

Editorial | China property push reflects need to raise consumer confidence

The cut in the key reference rate for mortgage loans may have been expected, but it shows monetary policy is squarely aimed at fighting deflation.

23 Oct 2024 - 5:27AM

A man walks by residential buildings in Beijing. Photo: Reuters

IMF lowers China GDP forecast on property, consumer confidence despite stimulus

China’s economy is projected to grow by 4.8 per cent this year, the International Monetary Fund said in its World Economic Outlook.

22 Oct 2024 - 9:00PMvideocam

Last week, China said its economy grew by 4.6 per cent in the third quarter compared to a year earlier. Photo: AP

Full steam ahead as Shanghai ports eye global container volume record

The city is investing in infrastructure and technology to support growth, while also liberalising its finance sector to attract international shipping businesses.

22 Oct 2024 - 8:04PM

China could tap 12 trillion yuan in new debt for stimulus in 2025: economist

To ensure stimulus measures are long-lasting and effective, a Chinese economist said, speed and scale must be prioritised.

21 Oct 2024 - 8:30PMvideocam

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China GDP

China’s gross domestic product (GDP) is the value of all goods and services produced within the country during a specific time. Its GDP, and in particular its GDP growth rate, have come under particular focus during the US-China trade war as the export-driven economy struggles under American tariffs. China’s quarterly growth rate averaged 9.4 per cent from 1989 until 2019, reaching an all time high of 15.4 per cent in the first quarter of 1993. But under pressure from the trade war with the United States, China’s growth rate slowed to 6.0 per cent in the third quarter of 2019, which was the slowest since China records began in 1992.

last updated:

15 October, 2024