普华永道：2024年二季度中国经济观察报告（英文版）

China's GDP expanded by 5% in the first half of the year,hitting its official target. However, a deceleration in the secondquarter's economic growth has put policymakers underpressure to ramp up stimulus measures. This is crucial toensure the economy meets its full-year growth target ofaround 5%.While China's economy is on a recovery path,structural imbalances persist, with growth still heavily relianton factory activity and foreign demand. Despite falling factoryprices and tepid