IMF Vice President: China will continue to be the engine of the world economy
發(fā)布時(shí)間:[2019-4-14 16:29:51] 瀏覽量:2022次
Original title: China will continue to be the "engine" of the world economy
What are the driving forces of Chinese economic growth? What are the prospects? -- These issues were a focus of attention at the spring annual meetings of the International Monetary Fund(IMF) and the World Bank in Washington, D.C., where economists and stakeholders gathered.
In its latest World Economic Outlook report, released on April 9, the IMF raised its forecast for 2019 growth to 6.3 per cent, 0.1 percentage points higher than its January forecast. "China is the only country among the major economies that has been raised its growth forecast," Zhang Tao, vice-president of the IMF, told this newspaper. The 6.3 per cent level was the highest for the IMF in 2019 among the world's top five economies, with China continuing to lead the world's top five economies. I believe that the Chinese economy will continue to be one of the major engines of world growth. "
"Leading the Running" and "Engine", China's economy has continuously injected positive energy into the world economy over the years with solid achievements and bright data. During the annual meeting, the IMF has repeatedly used "delicate moments" to describe the current global economic situation, and China has always provided positive factors.
The "delicate moment" for the global economy is that the IMF has again lowered its forecast for world growth to 3.3 per cent in 2019 and forecasts that about 70 per cent of the world's economies will grow less in 2019 than in 2018. On the other hand, there are some signs of a shift in the positive direction that has led to a downward shift in growth in 2019. Among the many positive factors, the IMF believes that the Chinese government has adopted an active fiscal policy and a prudent monetary policy in due course, demonstrating its skilful macroeconomic control ability, and keeping China's economic growth stable and resilient.
"After years of high economic growth, there is expected to be a slight slowdown and, of course, a shift to quality growth, as we have observed," IMF President Lagarde said at a press conference on April 11. Jian·maliya, deputy director of IMF research, told reporters that the Chinese government had ample policy tools to stabilize economic growth. He believes that while China's economic growth will gradually slow down compared with slower developed economies and other emerging market economies, it will still achieve strong growth and move towards sustainable growth levels.
In addition to the confidence that the Chinese economy has brought to the market, China's poverty reduction achievements have also received attention during this annual meeting. 鈥淭he country has achieved great success in reducing extreme poverty. The new World Bank President, Daiwei·maerpasi, said at his first public press conference on April 11 that China's experience and views on poverty reduction are worthy of reference from other countries around the world.
