Amid the rocky recovery of the world economy, China has become a bright spot.
The forum held in North China’s Tianjin municipality focused on the discussion of the latest World Economic Outlook published by the IMF.
“Our research shows that every one percentage point of growth in China boosts 0.3 percentage points of growth in other countries,” he said. Data from the National Bureau of Statistics showed that China’s gross domestic product grew 4.5% year on year in the first three months. Many key data, including consumption, investment and imports and exports of goods, indicate a promising start for the Chinese economy.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sentiment towards unity govt positive, says Fahmi | The Malaysian InsightCommunications minister says Putrajaya will continue to boost economic growth and solve people’s problems.
Read more »
A golden week for China air travel may stem drop in oil pricesGlobal oil traders are fixated on the next milestone in China’s economic recovery, when travelers pack their bags and head to the airport for the Golden Week holiday in early May.
Read more »
Italy rethinks China ties as US backs stronger breakItaly’s dilemma on China’s Belt and Road initiative is starting to draw Washington’s attention.
Read more »
China's 'art factory' painters turn from fakes to originalsPainters in a Chinese village once known for churning out replicas of Western masterpieces are now making original art worth thousands of dollars, selling their works in a booming domestic market.
Read more »
Signs of hope for China property market, but boom is over: analystsPummelled by a housing crisis that caused a record-breaking slump last year, some Chinese property developers are starting to see light at the end of the tunnel, but analysts warn the sector is still on course to slow down in the long term.
Read more »