BEIJING: China's economy grew 5.4% in the fourth quarter from a year earlier, official data showed on Friday, significantly beating analysts' expectations and enabling the government to meet its annual growth target.
Analysts polled by Reuters had forecast fourth-quarter gross domestic product (GDP) would expand 5.0% from a year earlier, quickening from the third-quarter's 4.6% pace as a flurry of support measures began to kick in. The quarter's growth marked the quickest since the second quarter of 2023.
