World Bank raises China 2025 growth forecast by 0.4 percentage points
Summary
The World Bank has increased its 2025 economic growth forecast for China by 0.4 percentage points, highlighting the role of domestic demand and structural reforms.
Key Points
- The World Bank raised China's 2025 economic growth forecast by 0.4 percentage points.
- Accommodative fiscal and monetary policies have supported domestic consumption and investment in China.
- Demand from developing countries has sustained China's exports.
- Structural reforms and a predictable business environment are vital for China's sustainable growth.
