Forecast of China's economic growth rate in 2024 and policy suggestions
In 2023,China's economy maintained a recovery trend after the epidemic.However,the economic recovery showed the characteristics of wave-like development,and it is expected that China's economy will grow steadily and rapidly in 2024.This study introduces a comprehensive approach to forecasting annual GDP growth,integrating input-output models,econometric models,prosperity analysis,expert insights,and scenario analysis.Reviewing China's economic performance in 2023 and the prevailing global and domestic conditions,it is projected that China's GDP growth rate will be around 5.3%in 2024.Based on this analysis,several policy recommendations are suggested,namely,intensifying macro-control policies for both cyclical and counter-cyclical phases;elevating the industrial chain's modernization to enhance its resilience and competitiveness;and providing steady support to the growth of small and medium-sized enterprises.
NETL
NSTL
万方数据
维普
