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Last Update: ،
2026/05/02
Time
09:01:59
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Latest News:
Yemeni Coast Guard Locates Oil Tanker Hijacked off Shabwa Coast
Minister of Human Rights Reviews Conditions of Inmates at Aden Central Prison
Al-Arada Confers with British Ambassador over Assisting Government's Reforms Program
Al-Barakani celebrates EU Ambassador's tour in Taiz, highly appreciates EU interventions
Minister of Education Discusses Partnership with "Pure Hands"
International Monetary Fund expects China's economy to grow by 5 percent
[29/05/2024 02:39]
BEIJING - SABA
The International Monetary Fund has forecast China's economy to grow at a rate of 5 percent of GDP this year, up from its previous forecast of 4.6 percent, following the strong performance of the world's second-largest economy in the first quarter of this year.
In a statement on Wednesday, the Fund raised its forecast for China's economic growth rate next year from 0.4 percentage points to 4.5 percent, compared to 4.1 percent of GDP.
The Chinese National Bureau of Statistics announced last month that China's economy grew by 5.3 percent in the first quarter of the this year, while analysts had expected it to grow by 4.8 percent, after growing by 5.2 percent in the last quarter of last year.
The International Monetary Fund has forecast China's economy to grow at a rate of 5 percent of GDP this year, up from its previous forecast of 4.6 percent, following the strong performance of the world's second-largest economy in the first quarter of this year.
In a statement on Wednesday, the Fund raised its forecast for China's economic growth rate next year from 0.4 percentage points to 4.5 percent, compared to 4.1 percent of GDP.
The Chinese National Bureau of Statistics announced last month that China's economy grew by 5.3 percent in the first quarter of the this year, while analysts had expected it to grow by 4.8 percent, after growing by 5.2 percent in the last quarter of last year.
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