الاقتصاد الصيني ينمو بأفضل من المتوقع في الربع الأول.. فهل يحقق مستويات النمو المستهدفة لعام 2024؟

Watch الاقتصاد الصيني ينمو بأفضل من المتوقع في الربع الأول.. فهل يحقق مستويات النمو المستهدفة لعام 2024؟ - CNBCArabia on Dailymotion

Transcript

00:00 China achieved its target growth levels in 2023 and set 2024 economic growth levels at 5%.

00:11 At the beginning of the year, China's economy was strongly active,

00:15 with the total local product growing by 5.3% on an annual basis,

00:21 compared to its expected growth rate of 5.2%, which is higher than expected.

00:27 As for the individual basis, it also grew by 1.6%,

00:33 higher than expected, which indicated a 1.4% growth.

00:38 The most prominent supporters of economic growth were exports and foreign demand,

00:43 at 14% during the first quarter of 2024 on an annual basis.

00:48 Also, fixed-origin investments, which grew by 4.5%.

00:53 Here we are talking about industrial investments, where it grew by 9.9%,

00:58 which compensated for the decline in real estate and housing prices by 9.5%.

01:04 Also, industrial production supported China's economy growth in the first quarter,

01:08 where it grew by 6.1% on an annual basis,

01:13 and sales increased by 4.7% from 5.5% during the first two months of 2024.

01:21 However, despite the strong data in the first quarter,

01:25 the data of March caused concern among politicians and economists in China,

01:30 where the data of March reflected the prices of new houses

01:35 which were the fastest growing for more than eight years.

01:38 Also, the real estate investment was reflected by 17% on an annual basis,

01:44 and the industrial output grew by less than expected, where it grew by 4.5%

01:51 in contrast to expectations of 6% growth during March 2024,

01:58 which we are also talking about on an annual basis.

02:00 The most prominent challenges faced by the Chinese economy and the crisis of the real estate sector,

02:04 where this sector accounts for 25% of the total local output,

02:09 and the fear of debt repayment for the largest Chinese real estate companies such as Evergrande,

02:16 and the US's trade and investment tensions,

02:23 Goldman Sachs raised its expectations of China's economic growth to 5% from 4.8% in 2024.