IMF chief says one-third of world economic growth in 2023 will come from China

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In 2023, about a third of global economic growth will come from China. This was expressed by Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), speaking at the China Development Forum in Beijing. Caixin.

“The strong recovery of the Chinese economy means that it will account for about one-third of global economic growth in 2023, which will provide a positive boost to the global economy,” said Georgieva.

According to the IMF Managing Director, a one percentage point increase in China’s GDP will lead to an average of 0.3 percentage point GDP growth in other Asian economies.

Georgieva at the beginning of March 26 statedRising interest rates are a risk to global financial stability.

In the first half of March, Chen Fengying, former director of the Center for World Economy at the China Institute of Contemporary International Relations, expression The view that China’s GDP growth rate may be higher than the projected 5% level by the end of 2023 and reach 6% by the end of December.

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