Policies and measures were introduced in a timely and effective manner. China remains a major contributor to global GDP growth.

cctv.com2025-01-18

News from CCTV: The person in charge of international institutions in China said that China's export growth is strong and policy measures are timely and effective, providing an important driving force for economic growth in 2024. China remains a major contributor to global GDP growth.

The relevant person in charge of the Organization for Economic Cooperation and Development in China said that in 2024, China will continue to promote the transformation to a sustainable growth model, and at the same time make efforts in fiscal and monetary policies to stimulate economic vitality.

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Hai Bo, representative of the Organization for Economic Cooperation and Development in China, said: "There are monetary policies to lower interest rates and lower the deposit reserve ratio. At the same time, China has also introduced measures to support consumption. This certainly has potential and will become a An important driving force for economic growth ”

Published by the Organization for Economic Cooperation and Development in December 2024 The "Economic Outlook Report" predicts that the global economic growth rate in 2024 will be approximately 3.2%, and there will be certain downward pressure on global economic growth. Haibo said that although there are some economic headwinds and uncertainties in the external market, China still has potential and space for structural reforms in 2025, and there is still a good foundation for achieving economic growth.

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Haibo said: "China is an important factor and an important participant in the global economy, so as long as it is good for China, it is also good for the world. China will still be an important contributor to future global GDP growth."

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