The Independent

China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories

Source: Copyright 2024 The Associated Press. All rights reserved

China has plenty of room to maneuver to attain its annual target for robust economic growth of about 5% after a strong start for the year, top economic officials said Wednesday, though they acknowledged it's a challenge.

China’s exports rose about 10% in the first two months of the year from a year earlier, while medium- and long-term loans from banks jumped more than 30%, said China’s top planning official, Zheng Shanjie, who heads the National Development and Reform Commission.

You’re reading a preview, subscribe to read more.

More from The Independent

The Independent2 min readCrime & Violence
Two Killed And 10 Injured In Knife Attack At Primary School In China
At least two people were killed and 10 injured after a knife-wielding woman attacked a primary school in Jiangxi province in China on Monday. The 45-year-old suspect reportedly used a fruit knife during the stabbing attack at the Mingde elementary sc
The Independent4 min read
Three Summer Home Hacks You Need To Know
With our long-awaited spring weather seemingly on the cool side, it’s easy to forget it only takes a mini-heatwave to turn everything topsy turvy – and find yourself completely caught out. Whether it’s a hot sweltering night and you’ve been caught on
The Independent2 min read
Infected Blood Inquiry Scandal - Live: Sunak Calls Report ‘Day Of Shame’ And Vows To Give Victims Compensation
Politicians, doctors and civil servants carried out a chilling and pervasive cover up, which led to the deaths of around 3,000 people through contaminated blood, a damning inquiry has found. Tens of thousands of people were avoidably infected with HI

Related Books & Audiobooks