This undated photo shows a view of the Lujiazui area in Shanghai, East China. - Xinhua
BEIJING (China Daily/ANN): China's GDP growth is projected to reach 8.5 per cent on a yearly basis in 2021, thanks to the pent-up demand and strong exports, according to the World Bank, which updated the economic forecasts in its regional economic report on Tuesday (June 29).
The forecast marks an upward revision by 0.6 percentage points from the World Bank's projections in December 2020, largely due to stronger-than-expected foreign demand, it said.
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