China meets annual GDP target with 5% growth in 2024 – as it happened

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The National Bureau of Statistics (NBS), China’s chief governmental data compiler, held a press conference on Friday morning.

At the conference, NBS Commissioner Kang Yi and other officials revealed the yearly figures for gross domestic product, population, unemployment and other metrics that will inform policy decisions in 2025.

While meeting the annual GDP target – set at “about 5 per cent” at the opening session of the national legislature in March – has been a priority for decades, the year’s register of births and deaths has taken on greater importance as the country’s population has been in a state of steady decline.

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