CCTV News: On the morning of January 17, the State Council Information Office held a press conference. According to a relevant person in charge of the National Bureau of Statistics, in 2024, the GDP will increase by 5% over the previous year, and the main goals and tasks of economic and social development will be successfully completed. The annual GDP is RMB 134,908.4 billion

In the whole year of 2024, the GDP was 1,349,084 billion yuan, an increase of 5.0% over the previous year at the unchanged price. By industry, the added value of the primary industry is 9141.4 billion yuan, an increase of 3.5% over the previous year; the added value of the secondary industry is 492.087 billion yuan, an increase of 5.3%; the added value of the tertiary industry is 765.583 billion yuan, an increase of 5.0%. By quarter, GDP grew by 5.3% year-on-year in the first quarter, 4.7% in the second quarter, 4.6% in the third quarter, and 5.4% in the fourth quarter.

In 2024, grain output reached a new level, with the total output reaching 706.5 million tons, an increase of 11.09 million tons over the previous year. The GDP of the whole year increased by 5.0% year-on-year

In 2024, industrial production increased well, and the national industrial added value above designated size increased by 5.8% over the previous year. Among them, the equipment manufacturing industry and high-tech manufacturing industry are growing rapidly. The added value of the equipment manufacturing industry increased by 7.7%, and the added value of the high-tech manufacturing industry increased by 8.9%, which was 1.9 and 3.1 percentage points faster than that of large-scale industries.

In the whole year of 2024, the added value of the service industry increased by 5.0% over the previous year, and the modern service industry developed better. The economy has made steady progress and the main development goals have been successfully achieved

In 2024, market sales maintained growth, and the total retail sales of consumer goods increased by 3.5% over the previous year, and online sales were relatively active.

From the investment perspective, in 2024, the scale of fixed asset investment will expand, and investment in high-tech industries will grow rapidly. Fixed asset investment increased by 3.2% year-on-year, and investment in high-tech industries increased by 8.0% year-on-year.

In 2024, the employment situation was generally stable and the urbanization rate continued to increase.

Kang Yi, Director of the National Bureau of Statistics, introduced that in 2024, the national economy will operate stably and steadily, and new progress has been made in high-quality development. In particular, a package of incremental policies will be deployed in a timely manner to promote the effective boost of social confidence, the significant economic recovery, and the main goals and tasks of economic and social development will be successfully completed. GDP in 2024 increased by 5% year-on-year

On the morning of January 17, the State Council Information Office held a press conference. The National Bureau of Statistics announced that in 2024, China's GDP will increase by 5% year-on-year. The relevant person in charge said that in 2024, the national economy will operate stably and progress generally, and the main goals and tasks of economic and social development will be successfully completed.

Preliminary accounting shows that the GDP of 2024 in the whole year is 1,349,084 billion yuan, an increase of 5.0% over the previous year based on constant prices. By quarter, GDP grew by 5.3% year-on-year in the first quarter, 4.7% in the second quarter, 4.6% in the third quarter, and 5.4% in the fourth quarter. From a month-on-month perspective, GDP grew by 1.6% in the fourth quarter.

From the perspective of production, industrial production has grown better. The added value of industrial enterprises above designated size in the country increased by 5.8% over the previous year, the manufacturing industry increased by 6.1%, the added value of equipment manufacturing industry increased by 7.7%, and the added value of high-tech manufacturing industry increased by 8.9%, which was 1.9 and 3.1 percentage points faster than that of industrial enterprises above designated size. The output of new energy vehicles, integrated circuits and industrial robot products increased by 38.7%, 22.2% and 14.2% respectively.

From the perspective of consumption, market sales maintained growth, with the total retail sales of consumer goods for the whole year of 487895 billion yuan, an increase of 3.5% over the previous year. The national online retail sales were 15522.5 billion yuan, an increase of 7.2% over the previous year. Sales of household appliances, audio-visual equipment, sports and entertainment products, and communication equipment units above the annual limit have increased well.

The consumer prices of residents are generally stable, with the annual consumer price (CPI) rising 0.2% from the previous year. The average national urban surveyed unemployment rate was 5.1%, down 0.1 percentage point from the previous year, and the employment situation was generally stable.