China’s economy sees more opportunities than challenges in 2024


© Reuters. FILE PHOTO: A customer chooses products at a supermarket in Shanghai, February 10, 2015. REUTERS/Aly Song/File Photo

BEIJING (Reuters) – China’s economy faces more opportunities than challenges in 2024 and favorable conditions are stronger than unfavorable factors, state media said, citing the Central Financial Bureau of the world’s second-largest economy.

Macroeconomic policy will continue to provide support to the economic recovery, a Xinhua official said in a detailed reading from the annual Central Economic Work conference held Dec. 11-12, during which top officials set economic targets for the coming year.