IMF Revises China's 2023 Growth Figure

IMF Revises Jinn Growth Figure
IMF Revises China's 2023 Growth Figure

International Monetary Fund 's (IMF) economists announced that the Chinese economy is optimistic about the growth prospects for 2023. IMF; He is of the opinion that China will be one of the important countries with the highest growth rate in the world this year as well.

The IMF updated its views on the world economy and predicted that the Chinese economy will grow by 2023 percent in 5,2. This estimate is 0,8 percent higher than the IMF estimate in October last year. In addition, the IMF predicted that China's economic growth will be 4,5 percent next year.

Steven Barnett, the senior representative of the International Monetary Fund in China, stated that China, which he thinks will have the highest growth rate among the most important countries in the current year, will also contribute 30 percent to global economic growth. These conversations and exchanges of views took place during the seminar organized by the partnership of the IMF's Office in China and the World Economy and Policy Institute of the Chinese Academy of Social Sciences.

In this context, the IMF set its global growth forecast for 2023 as 2,9 percent. It is noteworthy that this rate is lower than the rate of 2022 percent in 3,4. However, in the background of these developments, according to IMF officials, the extraordinary success of the Chinese economy contributed to improving global expectations.