WASHINGTON, April 11 (Xinhua) — The International Monetary Fund (IMF) said on Tuesday that the economic prospects of emerging market and developing economies are on average stronger than advanced eco
Tag: growth
IMF projects advanced economies growth to decline by half in 2023
WASHINGTON, April 11 (Xinhua) — The International Monetary Fund (IMF) projected on Tuesday that the growth of advanced economies will decline by half in 2023 to 1.3 percent, before rising to 1.4 perc
IMF projects global growth down to 2.8 pct in 2023
WASHINGTON, April 11 (Xinhua) — The International Monetary Fund (IMF) projected on Tuesday that the world economy will grow 2.8 percent in 2023, 0.1 percentage point lower than its January forecast.
China\’s Q1 new yuan loans hit record high of 10.6 trln yuan
BEIJING, April 11 (Xinhua) — China\’s new yuan-denominated loans hit a record high of 10.6 trillion yuan (about 1.54 trillion U.S. dollars) during the first quarter of the year, up 2.27 trillion yuan
China cultivates multiple high-end “foreign” fruits
In recent years, various high-end fruits from around the world have been successfully cultivated in China thanks to enhanced research and development (R&D) efforts.Photo shows golden papaya trees at a
NEVs driving up sales growth in the country
Workers assemble cars at SAIC Motor\’s plant in Ningde, Fujian province, in March. [PHOTO by LI FUSHENG/CHINA DAILY]
Homegrown and international models see healthy results last month
Vehicle sales, esp
China to put multi-pronged efforts into expanding digital economy
This photo taken on Dec. 12, 2022 shows 5G+ Smart Factory during the first Global Digital Trade Expo in Hangzhou, east China\’s Zhejiang Province. (Xinhua/Xu Yu)
BEIJING, April 7 (Xinhua) — China has
China, India to account for half of global economic growth in 2023: IMF chief
NEW YORK, April 6 (Xinhua) — Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Thursday said the world economy is expected to grow less than 3 percent this year, with
China’s high-standard opening-up promises more opportunities for foreign businesses
Photo shows Lin Songtian (center), President of the Chinese People\’s Association for Friendship with Foreign Countries (CPAFFC), delivering a speech at the forum explaining the guiding principles set
From \”city of acid rain\” to \”livable city,\” southern Chinese city makes complete turnaround
NANNING, April 5 (Xinhua) — Zhou Mengyuan, a tourist from Beijing, decided to take her annual leave to Liuzhou, a city in southern China, after watching a short video.
The video, featuring delightful