China's economic growth to boost global recovery: experts

Source: Xinhua| 2020-12-18 16:35:57|Editor: huaxia

China's outstanding economic performance this year will boost a recovery in the global economy from the impact of the COVID-19 pandemic, say international experts. In the latest World Economic Outlook, the International Monetary Fund (IMF) projected China's economy to grow by 1.9 percent in 2020, 0.9 percentage points above its June forecast, making China the only major economy that will see positive growth this year. At a time when the coronavirus-triggered recession looms large globally, China's pace of expanding opening-up has been accelerating, generating positive spillover effects on the world economic recovery. Focusing on future high-quality growth, China has put forward a new development pattern of "dual circulation," to forge better connectivity between internal and external markets.