Chen Fengying: The world economy is expected to have a “soft landing” in 2024. International inflation is currently falling, the "consumer pain index" has declined, and investors' expectations for the future will also rebound.

The Federal Reserve may take the lead in cutting interest rates around June this year, and the European Central Bank may cut interest rates at the end of 2024 or early 2025. The development of the global market is still serious, mainly manifested in three aspects: First, geopolitical instability will directly affect the geo-economy.