Mexican Media Brands
China’s Economy Expanded 7.4% in 2014
China's gross domestic product grew by 7.4% last year, down from 7.7% in 2013, according to the National Bureau of Statistics.
#economics
Share
China's gross domestic product grew by 7.4% last year, down from 7.7% in 2013, according to the National Bureau of Statistics. It was the slowest pace in 24 years,
GDP expanded 7.3% in October-December, the same as the previous quarter and the fourth quarter of 2013. Factory output last month rose 7.9%, compared with December rates of 8.3% in 2014 and 9.7% in 2013.
Beijing has described last year's growth rate as the "new normal." But some economists predict the central government will stimulate the economy to generate more jobs.
RELATED CONTENT
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.