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Story perspectives

China's Green Transformation Fuels 5% GDP Growth in 2024

7/18/2025

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Story summary
  • China is prioritizing modernization through green transformation and technological innovation, drawing global investment.
  • President Xi Jinping committed to improving communication and safeguarding foreign businesses' rights.
  • In 2024, China's GDP grew by 5% year-on-year, reinforcing its position as a rapidly growing economy.
  • Visa-free travel and increased foreign direct investment are enhancing market dynamics.
  • A favorable business environment supports foreign businesses, contributing to robust economic growth.