Wednesday, December 25, 2024

China Accounted for Over 30% of Global Economic Growth, Senior Official Says

China’s “economic development opportunities outweigh challenges”, and there are multiple favorable conditions that underpin the country’s economic growth, Han Wenxiu, executive deputy director of the office of the Central Committee for Financial and Economic Affairs, said on Wednesday. 

China is about to release key economic figures for November on Friday. In the first three quarters, China’s GDP grew by 5.2 percent year-on-year.

According to Han, the contribution of China to the global economic growth will be over 30 percent, or one third. The country will remain as the biggest driver of the world economy.

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