World Bank raises forecast for China's economic growth.

VTV.vn - The World Bank has raised its forecast for China's economic growth in 2025 to 4.9%, thanks to stimulus policies and improved global demand, indicating increased international confidence.

Cargo port in Shandong, China. (Photo: THX/TTXVN)

On December 11, the World Bank (WB) released its China Economic Update report, raising its 2025 economic growth forecast for the world's second-largest economy by 0.4 percentage points to 4.9%.

The World Bank stated that loose fiscal and monetary policies have supported domestic consumption and investment. At the same time, demand from developing countries has contributed to supporting China's exports.

Mara Warwick, World Bank Director for China, Mongolia and Korea, said that China's economic growth in the coming years will depend more heavily on domestic demand. Besides short-term fiscal stimulus measures, promoting structural reforms to the social safety net and creating a more stable business environment could help boost confidence and lay the foundation for sustainable growth.

The World Bank's upward revision of its forecast for China's economic growth comes after other international organizations and foreign financial institutions have also taken similar actions, indicating growing confidence in the world's second-largest economy.

A day earlier, the Asian Development Bank (ADB) also raised its 2025 economic growth forecast for China from 4.7% to 4.8%, thanks to a rebound in exports and continued fiscal stimulus packages.

This move comes as the latest trade figures show that China's trade surplus exceeded $1 trillion for the first time in the period of January-November 2025, amid adjustments to tariff policies by the Trump administration.

According to customs data, China's total exports in November 2025 increased by 5.9% year-on-year, after a 1.1% decline in October 2025, and far exceeded the 3.8% increase forecast in a Reuters survey.

On December 10, the International Monetary Fund (IMF) released its latest World Economic Outlook report, raising its forecast for China's economic growth to 5% in 2025 and 4.5% in 2026.

These new forecasts reflect upward revisions of 0.2 and 0.3 percentage points, respectively, from the October 2025 forecasts, which the IMF attributes to macroeconomic stimulus measures and lower-than-expected tariffs on Chinese exports.

Source: https://vtv.vn/wb-nang-du-bao-tang-truong-kinh-te-trung-quoc-100251211160249137.htm