China, GDP and 2023
China's 2023 GDP revision aligns with standard global practice, has no significant impact on 2024 growth rates
The National Bureau of Statistics (NBS) stated on Friday that revising GDP data is a common international practice and has always been a routine part of China's government statistics work. And the revised-up GDP figure for 2023 will not have a significant impact on the GDP growth rate for 2024.
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China revised upwards its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), a top ...
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