The International Monetary Fund (IMF) has revised its economic growth projection for China, anticipating a 4.8% expansion in the coming year. This updated forecast, released in the IMF’s World Economic Outlook on Tuesday morning in Washington, marks a 0.3 percentage point increase from the previous year’s estimate. The upward adjustment reflects China’s robust economic performance in recent quarters, bolstered by fiscal expansion, resilient domestic consumption, and accelerated trade activities. These factors have effectively mitigated the adverse effects of elevated tariffs and persistent global uncertainties. The IMF’s optimistic outlook underscores China’s ability to navigate complex economic challenges while maintaining steady growth. (Reporter: Zhao Huanxin, Video: Bilin Lin)
