A closer look at economic potential behind China's growth target
Over the past decades, China's economy has overcome odds such as the COVID-19 pandemic, natural disasters and the global financial crisis, and has managed to maintain consistent growth while invigorating the global economy.
Macro
![Economic Watch: Zooming into China's super-large market](../titlepic/113008/1130087496_1710141057530_title0h.jpg)
Economic Watch: Zooming into China's super-large market
Over the past decade, China as the world's second-largest economy has fostered a resilient and vibrant domestic market that owns great potential and brings benefits to the world.
In-depth
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Xinhua Commentary: Chinese economy ascending, not peaking
China's 2024 growth target of around 5 percent clearly indicates that its economic trajectory will continue to rise steadily.
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Explainer: Why the world remains optimistic about China's economic prospects?
China set its economic growth target for 2024 at around 5 percent again, according to a government work report submitted Tuesday to the national legislature for deliberation.
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Industries
![Mercedes-Benz, BMW register NEV charging joint venture in Beijing](../titlepic/113008/1130087500_1710141240589_title0h.jpg)
Mercedes-Benz, BMW register NEV charging joint venture in Beijing
A new joint venture set up by Mercedes-Benz Group China Ltd. and BMW Brilliance Automotive Ltd. has been registered in Beijing's Chaoyang District.
![Huawei, Saudi universities sign talent development MoUs](../titlepic/113008/1130087501_1710141314058_title0h.jpg)
Huawei, Saudi universities sign talent development MoUs
Huawei signed with several Saudi universities talent development Memorandums of Understanding on the sidelines of the LEAP Tech Conference 2024 held in Riyadh.