China's 2024 GDP Is 'Very Good Score,' BofA's Qiao Says

The video discusses the 5.4% growth in the fourth quarter, driven by industrial activities and export orders. Fixed asset investments slightly missed expectations at 3.2%. The outlook for 2025 suggests CPI inflation will remain above zero, avoiding deflation. Government policies, including consumer product trading programs, are expected to stimulate economic growth.

What was the growth rate for the fourth quarter, and what factors contributed to this performance?

• 3.2% growth due to agricultural output

• 5.4% growth due to strong industrial activities and export orders

• 4.5% growth due to increased consumer spending

• 6.0% growth due to technological advancements

What was the year-to-date growth rate for fixed asset investments, and how did it compare to expectations?

• 3.2%, slightly below expectations

• 4.0%, exceeding expectations

• 2.8%, significantly below expectations

• 3.5%, meeting expectations

What is the outlook for CPI inflation in 2025 according to the transcript?

• CPI inflation is expected to be stable at 1%

• CPI inflation is expected to reach 2%

• CPI inflation is expected to remain above 0

• CPI inflation is expected to be negative

What is the government's plan for consumer product trading programs in the coming year?

• Double the funding to 600 billion renminbi

• Reduce funding to 200 billion renminbi

• Maintain funding at 300 billion renminbi

• Eliminate the program entirely

How does the government plan to support economic growth through its interventions?

• By cutting interest rates significantly

• By increasing taxes on imports

• By reducing subsidies for home appliances

• By front-loading 81 billion renminbi for consumer programs