China's Hi-tech Sector Grows, Driving China’s Economic Shift
Edited By WION Video Desk
Published: Dec 30, 2024, 06:45 IST | Updated: Dec 30, 2024, 06:45 IST
China's economy has shown resilience despite challenges from the trade war, the pandemic, and a collapse in the property market. According to the latest five-year census by the National Bureau of Statistics, the country's GDP was revised upward by 2.7%, reaching approximately $17.7 trillion. The manufacturing sector, despite facing external pressures, continues to be a major employer, with over 104.8 million workers in 2023.
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