[HIGHLIGHTS] The International Monetary Fund raises its global and Chinese economic growth forecasts for 2024

IMF recently raised its growth forecast for China's economy and emerging Asian economies in 2024. In 2023, China's GDP will exceed 126 trillion yuan, an increase of 5.2% over the previous year.

Since the beginning of this year, high-quality development has been steadily promoted. In January 2024, the level of economic prosperity has rebounded, releasing a positive signal for economic performance at the start of the year. “The competitive advantage of China’s economy still exists”