China's 5% GDP Growth in 2024: A Resilient Economy Amid Global Challenges

China's gross domestic product (GDP) grew by 5 percent year-on-year in 2024, meeting its annual growth target of around 5 percent, according to data released by the National Bureau of Statistics on Friday. This positive expansion is in line with the country's historical averages and demonstrates the world's second-largest economy's ability to navigate turbulent waters and maintain its good growth momentum.