China: GDP: Secondary Industry: Construction Industry: YoY

Macro

2025-05-29

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update

AI Data Insight

China's Q4 2024 construction GDP YoY growth fell to 3.8%, a significant decline from the previous 7.06% in Q4 2023, and below the overall economic growth rate of 5.0%. Affected by a double-digit decline in real estate development investment, industry profits face compression. Future growth focus will shift to the policy-driven "Three Major Projects" and new green infrastructure.

AI Data Insight

China's Q4 2024 construction GDP YoY growth fell to 3.8%, a significant decline from the previous 7.06% in Q4 2023, and below the overall economic growth rate of 5.0%. Affected by a double-digit decline in real estate development investment, industry profits face compression. Future growth focus will shift to the policy-driven "Three Major Projects" and new green infrastructure.

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update