The GDP expansion pace accelerated from the 4.6-per cent growth in the previous quarter.
On a quarterly basis, the Chinese economy increased by 1.6 per cent during Q4 2024.
In December, the country’s industrial output grew by 6.2 per cent YoY and by 0.64 per cent month on month, a state-controlled news agency reported.
The industrial output is used to measure the activity of large enterprises each with an annual main business turnover of at least 20 million yuan ($2.78 million).
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
