China Economic Monitor: 2025 Q1

KPMG China has released the Q1 edition of the 2025 China Economic Monitor which analyses the latest trends in the macro economy and policy developments.

The report points out that China's real GDP will grow by 5 percent in 2024, of which the growth rate in the fourth quarter will exceed expectations and rise to 5.4 percent, making a decisive contribution to the smooth realisation of the economic growth target of "around 5 percent" throughout the year. Benefiting from the effect of the previous package of incremental policies, residents' consumption and local government investment in the fourth quarter stopped falling and rebounded, while exp...

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Published Date: 17 March 2025