CCTV News: The 16th Summer Davos Forum closed in Tianjin on June 26. The guests at the meeting said that since the beginning of this year, China's economy has shown strong resilience and vitality. China continues to inject momentum into global economic growth and creates more new opportunities for the world. Recently, many international financial institutions have raised their expectations for China's economic growth in 2025.

More than 20 meetings of the Davos Forum focus on Asia and China

There are more than 20 meetings of this forum focus on Asia and China. "China" has become a high-frequency word, and many guests have discussed "How does China's development bring welfare to the world?"

Siemens Management Committee, Chief Technology Officer and Chief Strategy Officer Peter Kott said: "In the field of smart products and humanoid robots, we see a large number of new innovations and applications in China. We believe that the number of emerging Chinese companies in the future will set an unprecedented record in the world." Drew Propson, head of the Financial Services Technology and Innovation Department of the World Economic Forum, believes: "China is indeed in the world's leading position in promoting innovation. When a certain consumer demand appears globally, this demand must already exist in China, which provides a stronger impetus for the continuous innovation of financial technology."

World economic growth slows down, China's economic performance has attracted attention

The World Bank released the latest issue of the Global Economic Outlook in June, which is expected to grow by 2.3% in 2025, down 0.4 percentage points from the forecast in January this year. Faced with the new world economy, the performance of China's economy this year is particularly worth paying attention to.

China's resilience: an important source of certainty of the world economy

Flexible policy tools, sufficient market potential, and profound talent resources accumulated in the fields of scientific and technological innovation, advanced manufacturing, etc., constitute the core driving force for the high-quality development of China's economy. The certainty from China injects confidence and momentum into the uncertainty of the world economy. Luo Rong, director of the Institute of Foreign Economics of the China Institute of Macroeconomics, said that China's economic growth has brought hope to countries around the world. The guests all hope to find solutions to the problems of their own development by participating in this Davos. No matter how uncertain the world is, China is always a certain development factor.

Major international institutions have raised their economic growth expectations

Recently, major international institutions have raised their economic growth expectations. The International Monetary Fund's growth rate for China in 2025 is 0.1 percentage point higher than the forecast in October last year. Morgan Stanley raised China's economic growth rate by 0.3 percentage points and 0.2 percentage points respectively. Goldman Sachs raised China's quarter-on-month GDP growth forecast for the second quarter and second half of this year, and raised the forecast for the full year of 2025 by 0.6 percentage points.