摘要
Compared to 2023,when the economy bounced back after the global pandemic,it will be more challenging for China to achieve its desired GDP growth target of around 5 percent in 2024.According to official data,consumption expenditure contributed 82.55percentto China's GDP growth in 2023,up by 43.1 percent from the previous year.Total retail sales of consumer goods,a major indicator of the country's consumption strength,climbed 7.2 percent year-on-year.