The Chinese mainland's economy is showing impressive resilience, with the International Monetary Fund (IMF) projecting a 5% GDP growth in 2024 and 4.5% in 2025. 📈
According to the IMF's latest Article IV Consultation report, China's 2024 GDP growth is expected to align with the country's targets. Additionally, inflation is set to gradually increase as the output gap narrows and the effects of lower commodity prices diminish. This positive outlook highlights China's robust economic foundation and its ability to adapt to changing global conditions. 💪🌏
Reference(s):
cgtn.com