www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

IMF: China rebound a boon for entire globe

By Zhao Huanxin?in Washington and?Zhou Lanxu?in Beijing? | chinadaily.com.cn | Updated: 2023-04-14 22:56
Share
Share - WeChat
The skyline of Beijing. [Photo/VCG]

The strong rebound of the Chinese economy is a boon to global growth, the International Monetary Fund chief said as she cautioned global policymakers against the risk of supply chain security leading to a new Cold War.

The IMF, in its World Economic Outlook released on Tuesday, forecast China's growth to stay at 5.2 percent this year, a 0.8 percentage point upward revision to IMF's October projection, as it said the world is experiencing a "rocky recovery".

"We have been pleased to see this rebound of China not only for China, of course for China, but also because of China's role in the world economy," IMF Managing Director Kristalina Georgieva told a news conference on Thursday at the IMF and World Bank spring meetings that run through Sunday.

"China this year is going to contribute about one-third of global growth. We calculated that 1 percent more growth in China translates into 0.3 percent more growth for the economies that are connected to China," the IMF chief said.

At another news conference on Thursday, World Bank Group President David Malpass said China's rebound in growth is a pickup that "adds to global growth".

Yi Gang, governor of the People's Bank of China, the nation's central bank, also told G20 finance ministers and central bank governors during the spring meetings that China is expected to achieve GDP growth of around 5 percent this year.

The Chinese economy is stabilizing and recovering with moderate inflation and "positive changes" in the real estate market, Yi said.

The country is willing to implement a common debt treatment framework with all relevant stakeholders, the PBOC quoted Yi as saying in a statement on Friday, after Yi met with his counterparts from several developing countries facing debt stress, including Pakistan, Ethiopia, Sri Lanka and Zambia.

Georgieva, who met Premier Li Qiang during her visit to China at the end of last month, said she was encouraged to hear from the Chinese leadership a commitment to constructively engage and to do its part for the countries that are pressed to restructure their debts.

"What impressed me was Premier Li Qiang's very clear message on China continuing to reopen and pursue reforms that can strengthen the prospects for China's growth," she said.

Georgieva said she also discussed with the Chinese leadership the "significant challenges", including how to manage the real estate sector, where actions are being taken but more may be needed.

The IMF managing director also warned global policymakers not to let supply chain security precipitate a new Cold War, as security of supplies and the reliable functioning of global supply chains are taking a "new, higher priority seat" in economic discussions following the COVID-19 pandemic and amid the ongoing conflict in Ukraine.

"The question is, can we be more determined to enhance security of supplies but not push the world that far that we are into a second Cold War?" she said. "I believe it is possible."

Georgieva said that trade fragmentation resulting from the rising geopolitical tensions could increase financial stability risks, potentially reducing global economic output by between 0.2 percent and 7 percent.

"If we fail to be more rational, then people everywhere would be worse off. The middle class in each country would pay a price," Georgieva said. "So a bit more coolheadedness would take us a long way."

Krishna Srinivasan, director of the IMF's Asia and Pacific Department, noted that China's reopening will provide fresh momentum to the rest of Asia, a dynamic region that would contribute more than 70 percent to global growth this year.

China's boost to Asia's growth will mostly stem from the country's consumption demand rather than investment, according to Srinivasan.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 色偷偷亚洲偷自拍 | 成人午夜性a一级毛片美女 成人午夜亚洲影视在线观看 | 中文字幕有码在线观看 | 国产成人一区二区视频在线观看 | 亚洲日本一区二区三区在线 | 国产成人在线视频免费观看 | 免费看香港一级毛片 | 欧美在线播放成人免费 | 久久久久国产精品免费免费 | 成年女人免费又黄又爽视频 | 国产日本亚洲欧美 | 全球成人网 | 俄罗斯毛片免费大全 | 91久久综合| 毛片免费全部播放一级 | 99免费精品 | 欧美日韩亚洲综合在线一区二区 | 午夜性激福利免费观看 | 乱子伦农村xxxx视频 | 一本综合久久 | 日韩毛片免费在线观看 | 中文字幕一区中文亚洲 | 国产成人免费高清在线观看 | 国产九区 | 精品国产一区在线观看 | 91精品宅男在线观看 | 性做久久久久免费看 | 成人精品一区二区三区 | 国产成人精品日本亚洲语音1 | 高清在线一区二区三区亚洲综合 | 精品视频在线观看一区二区三区 | 亚洲美女性生活视频 | 在线观看的毛片 | 一级一片免费播放 | 美女被免费网站在线视频软件 | 韩日精品| 一级做a爱片特黄在线观看 一级做a爱片特黄在线观看免费看 | 国产一区在线观看免费 | 久草手机在线观看 | 永久黄网站色视频免费观看99 | 被老外玩爽的中国美女视频 |