The People's Daily published an article by Jin Sheping saying that confidence in achieving the expected goal of around 5% is increasing. After the release of the "Third Quarterly Report", many foreign-funded institutions raised their forecasts for China's economic growth. Goldman Sachs raised its forecast for China's GDP growth in 2024 from 4.7% to 4.9%. Zhu Haibin, chief economist at JPMorgan Chase China, believes that China's economic growth momentum rebounded moderately at the end of the third quarter, and domestic activity indicators in September generally exceeded market expectations.
The People's Daily published an article by Jin Sheping saying that confidence in achieving the expected goal of around 5% is increasing. After the release of the "Third Quarterly Report", many foreign-funded institutions raised their forecasts for China's economic growth. Goldman Sachs raised its forecast for China's GDP growth in 2024 from 4.7% to 4.9%. Zhu Haibin, chief economist at JPMorgan Chase China, believes that China's economic growth momentum rebounded moderately at the end of the third quarter, and domestic activity indicators in September generally exceeded market expectations.
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