World Bank upgrades China's growth forecast to 8.5 per cent in 2021


This undated photo shows a bird's eye view of Beijing's central business district. - VCG

WASHINGTON (Xinhua): The Chinese economy is on track to grow by 8.5 per cent in 2021, up 0.6 percentage point from previous projection, the World Bank Group said in its latest Global Economic Prospects released on Tuesday (June 8).

China's ability to contain the pandemic pretty quickly, its significant policy support, as well as the recent pickup in global trade, help support China's strong recovery, World Bank Prospects Group Director Ayhan Kose told reporters at a press call Tuesday morning.

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China , World Bank , economy , growth , forecast , 2021

   

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