China will focus on high-quality development and high-level opening up, and bring more surprises to the world economy, Chinese foreign ministry spokesperson Mao Ning said in Beijing on Monday.
Mao’s remarks follow a report from the International Monetary Fund (IMF), where Chief Economist Pierre-Olivier Gourinchas noted that China’s economic growth of 5 percent in 2024 surpassed the IMF’s predictions, marking a significant surprise for the world economy. In light of this unexpected growth, the IMF has revised its forecasts for China’s economic expansion in both 2025 and 2026.
Highlighting the achievement of China’s growth target for 2024, Mao announced that the national GDP is projected to exceed 130 trillion yuan (approximately 18.08 trillion U.S. dollars). This accomplishment, according to Mao, reflects the resilience and potential of the Chinese economy, instilling confidence in the prospects for global economic growth.
“China will concentrate on high-quality development and high-level opening up, maintain the upward trend of its economy, and deliver more surprises to the world economy,” Mao said.
