IMF - Xinhua Silk Road

China's first-half data sets stage for full-year growth target

The International Monetary Fund on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook, compared with its 4.6-percent forecast in April.

July18,2024

IMF raises China's 2024 economic growth forecast to 5 pct

The International Monetary Fund (IMF) on Tuesday revised China's 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in April.

July17,2024

IMF Shanghai Regional Center officially opens

The International Monetary Fund (IMF) Shanghai Regional Center was officially opened on Wednesday, according to a statement published on the official website of the People's Bank of China (PBOC).

June19,2024

IMF ups China's 2024 GDP growth forecast to 5 pct

The International Monetary Fund (IMF) has raised its forecast for China's GDP growth in 2024 to 5 percent from the April projection of 4.6 percent, IMF's First Deputy Managing Director Gita Gopinath said Wednesday.

May30,2024

China central bank governor calls for IMF quota reform

Pan Gongsheng, governor of the People's Bank of China (PBOC), the Chinese central bank, called on Asian countries on Wednesday to jointly push for the quota reform of the International Monetary Fund (IMF).

March28,2024

IMF chief says China's GDP growth "good news" for world

The Chinese economic growth in 2023 is good news for China and beyond, the managing director of the International Monetary Fund said on Wednesday.

January18,2024

China to continue sharing development achievements with world: FM spokesperson

A Chinese foreign ministry spokesperson on Thursday said China will continue to expand high-level opening up, improve the business environment, step up intellectual property protection, form an open and globally competitive innovation eco-system and share with the world China's development achievements.

December22,2023

China's strong economic rebound to provide more opportunities to other countries: IMF chief

China is going to contribute about one third of global growth this year, which will provide more opportunities to other countries, said Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Thursday.

April14,2023

IMF projects China's economy to grow 5.2 pct in 2023, "key contributor" to global growth

The International Monetary Fund (IMF) projected on Tuesday that China's economy will grow 5.2 percent in 2023 and 4.5 percent in 2024.

April12,2023

IMF projects China's economic growth to reach 5.2 pct in 2023

The International Monetary Fund (IMF) on Monday projected China's economy will grow by 5.2 percent in 2023, 0.8 percentage points higher than October 2022 forecast, according to a newly released update to its World Economic Outlook report.

January31,2023

China, IMF pledge to strengthen macro-policy coordination

Chinese Premier Li Keqiang on Thursday met with International Monetary Fund (IMF) Managing Director Kristalina Georgieva in Huangshan City, Anhui Province, pledging to strengthen macro-policy coordination.

December09,2022

Interview: IMF's lifting of RMB weighting in SDR currency basket shows high recognition of China, says Brazilian expert

The International Monetary Fund (IMF) announced an increase in the weighting of the Chinese renminbi (RMB) in the Special Drawing Rights (SDR) currency basket after completing a quinquennial review, which shows a high recognition and a seal of approval from the world-class financial institution towards China, said Hsia Hua Sheng, associate professor of international finance at the Getulio Vargas Foundation (FGV), the largest think tank in South America.

May18,2022

IMF lifts weighting of RMB in SDR currency basket, a new step in RMB's internationalization

The International Monetary Fund (IMF) announced recently an increase in the weighting of the Chinese currency Renminbi (RMB) in the Special Drawing Rights (SDR) currency basket from 10.92 percent to 12.28 percent, marking a new milestone in the internationalization of the RMB.

May18,2022

【Financial Str. Release】IMF lifts weighting of RMB, dollar in SDR currency basket

The International Monetary Fund announced Saturday an increase in the weighting of the Chinese renminbi and U.S. dollar in the Special Drawing Rights (SDR) currency basket after completing a quinquennial review.

May16,2022

Int'l organizations upbeat on China's economy

Despite daunting challenges and risks, China's gross domestic product (GDP) grew 4.8 percent in the first quarter of this year, and thus many international agencies are sanguine about China's growth outlook.

April20,2022

Hong Kong welcomes IMF report reaffirming its position as global financial hub

The IMF acknowledged that Hong Kong is a major international financial center with one of the largest financial sectors in the world, saying its financial system remains resilient in extreme stress scenarios.

June09,2021

Just in: IMF upgrades China growth forecast to 8.4 pct in 2021

The International Monetary Fund (IMF) on Tuesday projected that the Chinese economy will grow by 8.4 percent in 2021, 0.3 percentage point above the January forecast, according to the latest World Economic Outlook.

April07,2021

IMF welcomes China's greater focus on high-quality growth

The International Monetary Fund (IMF) said on Thursday that it welcomes China's greater focus on high-quality growth over speed.

March12,2021

Interview: IMF official says China responds "forcefully" to COVID-19 with fiscal policy

China responded "forcefully" to COVID-19 with fiscal policy, which contributed significantly to its growth in 2020, an International Monetary Fund (IMF) official has said, calling for continued fiscal action to help rebalance the Chinese economy.

January29,2021

Interview: IMF official stresses closer multilateral cooperation amid uneven global recovery

A senior official of the International Monetary Fund (IMF) on Tuesday stressed the importance of closer multilateral cooperation amid uneven global recovery from the COVID-19 pandemic.

January28,2021