The growth moderated towards the end of the year, with GDP rising 4.5 per cent YoY in Q4 and 1.2 per cent compared with the previous quarter.
The economic activity progressed despite a challenging global backdrop and domestic pressures, while continuing to advance China’s push towards higher-quality development, said Chinese media reports.
Kang Yi, head of NBS, said that a more proactive macro-policy stance helped cushion external shocks and stabilise growth, noting that maintaining steady expansion in a large and complex economy like China remained a demanding task amid overlapping risks and uncertainties.
The statistical agency added that key economic and social targets for 2025 were achieved, marking a successful close to the 14th Five-Year Plan period.
ALCHEMPro News Desk (SG)
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