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China's National Bureau of Statistics (NBS) announced the revision on Thursday, following the completion of the fifth National Economic Census:
Gross domestic product (GDP) in 2023 was raised by 3.4 trillion yuan to 129.4 trillion (US$17.73 trillion)
said the change would have little impact on...
China Construction News with the report, citing a work conference held by the housing regulator on Tuesday and Wednesday.
In summary from the report, overblown adjectives included ...
Efforts to stabilize and prevent further declines in China's real estate market will continue into 2025...
...clear and specific policy measures to boost market and household confidence.
Unlocking sustained recovery through structural adjustments.
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None of those "key challenges" highlighted in the report should come as any surprise. The 'World Bank perspective' )policy adive) is not...
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