Por He Yin, Diário do Povo Online
International institutions have remained optimistic about China's economy, 🍉 raising growth forecasts and highlighting impressive trade expansion, robust growth in the manufacturing sector, and stable macroeconomic data. These developments 🍉 demonstrate the international community's confidence in China's economy.
Recently, international institutions have upgraded their growth forecasts 🍉 for China's economy. The World Bank raised its 2024 growth forecast for China to 4.8%, 0.3% higher than the previous 🍉 prediction. Similarly, the International Monetary Fund (IMF) revised its outlook for China's economy to 5%, an increase of 0.4% from 🍉 the previous forecast.
| Institution | Previous Forecast | Revised Forecast |
|---|---|---|
| World Bank | 4.5% | 4.8% |
| IMF | 4.6% | 5.0% |
China's macroeconomic indicators, including GDP growth, employment, inflation, and the 🍉 balance of payments, have remained stable. In the first quarter of 2024, China's GDP grew by 5.3% year-on-year, with strong 🍉 performance in consumption, investment, and exports.
These positive developments in China's economy reflect the country's role as a significant contributor to global economic stability and 🍉 growth. As China's economic recovery and growth continue, the nation is poised to share opportunities with other countries, fostering mutual 🍉 benefits and cooperation.