This photo taken on March 19, 2025 shows a view of the Boao Forum for Asia (BFA) International Conference Center in Boao, south China's Hainan Province. (Xinhua/Pu Xiaoxu)
BOAO, Hainan, March 25 (Xinhua) -- The weighted real GDP growth rate of Asia is projected to reach 4.5 percent in 2025, an increase from 4.4 percent in 2024, according to a report released by the Boao Forum for Asia Tuesday.
"Despite increasing global economic uncertainty, Asia has remained as a key growth engine for the world economy," said the report titled Asian Economic Outlook and Integration Progress.
At purchasing power parity, the ratio of Asia's GDP among the global total is expected to rise from 48.1 percent in 2024 to 48.6 percent in 2025, the report said.
The overall situation of employment and income is turning upwards in Asia, with its unemployment rate projected at 4.39 percent in 2025, lower than the global rate of 4.96 percent, according to the report.
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