Good prospects: People walking during the morning rush hour in Beijing’s Central Business District. Sustainable, high-quality growth is well within the country’s reach with the right policies, says an IMF report. — Reuters
BEIJING: China’s economy is not only set to rebound this year but can achieve sustainable, high-quality development with proper policy moves, says the International Monetary Fund (IMF) after an annual consultation with China.
Experts at the IMF stressed the need for China to avoid a premature tightening of macroeconomic policies and accelerate key structural reforms as multi-faceted challenges remain.
