RSS China: 4Q24 GDP is boosted by industrial sector – UOB Group

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 RSS China: 4Q24 GDP is boosted by industrial sector – UOB Group

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China’s 4Q24 GDP growth accelerated to 5.4% y/y, 1.6% q/q sa. The 2024 full year growth of 5.0% has met official target, coming in slightly higher than our forecast of 4.9%. The stronger recovery was driven by the industrial sector, UOB Group's economist Ho Woei Chen notes.
 
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