Created with Sketch.
Davos 2024

China's Li, at Davos, reveals GDP grew beyond target at 5.2%

Premier eyes investors, does not mention Taiwan election or real estate crisis

Chinese Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 16.   © Reuters

DAVOS, Switzerland -- Li Qiang made his first address as China's premier to an audience of the World Economic Forum's annual gathering in the snowy Swiss town of Davos on Tuesday.

As he focused on enticing foreign corporations and investors to continue doing business in China, the premier jumped the gun to reveal that the country's economy grew by 5.2% last year, a day before the official announcement scheduled on Wednesday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more