China Gdp 2024 Forecast. China gdp upgrade china’s recovery is starting on a strong footing, led by a recovery in consumption which is likely to stay elevated in the coming quarters Thus, even with the stimulus announced in late september, we expect china’s real gdp growth to come in at around 4 percent this year.

Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. Earlier this year, china announced an ambitious goal of reaching 5% economic growth in 2024.