BEIJING -- Although China's real gross domestic product grew by 5.2% in 2023, achieving Beijing's target of around 5%, its nominal GDP in dollar terms fell for the first time in 29 years as its share of the global economy shrank for the second straight year.
"The Chinese economy is making steady progress and will continue to provide strong impetus for the world economy," Chinese Premier Li Qiang said at the World Economic Forum's annual gathering in Davos, Switzerland on Tuesday, previewing the official GDP figures announced Wednesday.
