On December 11th, the World Bank released its latest China Economic Briefing in Beijing, which raised its forecast for China's economic growth rate in 2025 by 0.4 percentage points compared to the previous briefing. The World Bank stated that the Chinese government's more proactive fiscal policy and moderately loose monetary policy have supported domestic consumption and investment. Meanwhile, China's export market has become more diversified, providing support for maintaining export resilience. In the coming years, China's economic growth will rely more on domestic demand. ”Hua Maya, Director of the World Bank's China Bureau, stated that China's more proactive fiscal policy, continued deepening of structural reforms, and more predictable business environment will help boost confidence and lay the foundation for resilient and sustainable growth. (New Society)
Edit:Luoyu Responsible editor:Zhoushu
Source:xinhuanet.com
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