How has China remained the leading contributor to global economic growth？

As 2024 winds down, we'll discuss some of the biggest economic headlines for China and the world. This year, China introduced a series of economic stimulus policies targeting the housing market, local government debt, and consumer spending. At the annual Central Economic Work Conference, Chinese leaders charted economic plans for 2025. China will pursue a more proactive fiscal policy with a higher deficit-to-GDP ratio and a moderately loose monetary policy. In December, the Federal Reserve cut interest rates by a quarter point in the United States and announced it expects two rate cuts in 2025. In Europe, the European Central Bank cut interest rates four times this year. The eurozone's economy grew by 0.4% in the third quarter. What has been happening in China and the world economy in 2024? What are we looking forward to in 2025? What is the overarching trend in the tech industry?