News list for "World Bank"

The World Bank has raised its forecast for China's GDP growth this year

On December 26th, the latest report of the World Bank shows that China's GDP growth rate is expected to be 4.9% this year, which is 0.1 percentage point higher than the forecast in June. The World Bank released the latest issue of "China Economic Brief: Boosting Demand and Restoring Momentum". The "Brief" believes that despite facing multiple challenges, China's economy still maintained a strong growth rate of 4.8% in the first three quarters of this year. But since the second quarter of 2024, C...

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2024-12-26 09:11:08
World Bank's Zhang Wencai: The world economy appears to be in the final stages of a "soft landing"

World Bank Group Managing Director and Chief Administrative Officer Zhang Wencai said at the Global Wealth Management Forum 2024 Suhewan Conference in Shanghai on October 27 that global economic growth is expected to remain stable this year, and financial conditions have also improved. The world economy appears to be in the final stages of a "soft landing". According to the World Bank's latest estimates, global economic growth is forecast to remain at 2.6% in 2024, before rising slightly to an a...

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2024-10-27 12:51:55