The International Monetary Fund (IMF) raised on Tuesday its forecast for China's average annual growth for 2018-2020 to 6.4 percent from 6.0 percent, according to its annual review of China's economy. "China continues to transition to a more sustainable growth path and reforms have advanced across a wide domain," the executive board of IMF said in a statement after concluding Article IV consultation with Chinese authorities on the Chinese economy.
JUMORE Reviews
In the face of the faltering world economy, China still presents an outstanding economic performance with the trend of smooth and steady growth. China’s development practices would provide valuable reference and new idea for the world economy to regaining vitality and walking out of the dilemma.
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