BEIJING, Jan 18 (Reuters) - UBS Investment Bank on Thursday raised its China 2024 growth forecast to 4.6% from 4.4% previously, as fourth-quarter economic growth rate beat its expectations slightly and quarter-to-quarter growth in previous quarters was revised.

"In the coming months, we expect property activities and property market to stabilize, helping to underpin household confidence. That should support continued post-Covid consumption recovery along with the economy and labor market, though at a slower pace," UBS said in a note. (Reporting by Ellen Zhang and Kevin Yao; Editing by Kim Coghill)