<h1>China's Economy Grows 5% in 2024, Boosted by Exports and Stimulus, Amid Challenges Like Weak Consumer Spending and Deflation.</h1> China's economy grew by 5% in 2024, aligning with its target, driven by strong exports and stimulus measures. The fourth quarter saw a 5.4% growth, with manufacturing and retail sales contributing significantly. Exports rose 7.1%, while imports increased by 2.3%. Despite these gains, challenges such as weak consumer spending and deflationary pressures persist, compounded by potential U.S. tariff hikes under the incoming administration. The government has implemented various stimulus measures, including interest rate cuts and financial support for the property sector. Economists suggest broader structural reforms are needed to sustain growth and boost private sector confidence.