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The report provides a comprehensive overview of the China economy during the FY24. In FY24, China’s economy faced a mixed recovery, with GDP growth expected to reach around 5.0%, supported by government stimulus and industrial policy measures.

Retail sales growth showed signs of stabilization, rising by 4.5% YoY in recent months, but still below pre-pandemic levels.

China’s economy in FY24 saw moderate growth driven by policy support and industrial resilience, but faced challenges from weak consumer demand, a struggling real estate sector, and global trade headwinds. 

 Executive Summary
• Macro Economic Update
– Global 
• Macro-Economic Performance
– China
• Equity Market Performance
– Global
– China
• Debt Market Indicators
– China

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