China's 2024 GDP Is 'Very Good Score,' BofA's Qiao Says

China's 2024 GDP Is 'Very Good Score,' BofA's Qiao Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses the 5.4% growth in the fourth quarter, driven by industrial activities and export orders. Fixed asset investments slightly missed expectations at 3.2%. The outlook for 2025 suggests CPI inflation will remain above zero, avoiding deflation. Government policies, including consumer product trading programs, are expected to stimulate economic growth.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the 5.4% growth in the fourth quarter?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the manufacturing sector perform according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did government subsidies play in consumer spending?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected CPI inflation trend for 2025 as mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the government's consumer product trading program?

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