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2020-12-18 02:16:57 GMT2020-12-18 10:16:57(Beijing Time) Xinhua English As the year is drawing to a close, China s economic rebound from COVID-19 is gathering pace as mirrored by improvements in key growth figures, which, for many market watchers, are a boon for the world economy still scrambling to shake off the severest recession in nearly a century. In the latest World Economic Outlook, the International Monetary Fund (IMF) projected China s economy to grow by 1.9 percent in 2020, 0.9 percentage points above its June forecast, making China the only major economy that will see positive growth this year. With the right mix of supportive macroeconomic policies focused on strengthening social safety nets and further key reforms, China will secure the recovery and ensure balanced and high-quality growth, which will benefit China and the world, said IMF Managing Director Kristalina Georgieva.

Morgan stanley huaxinKristalina georgievaMerlin swireHuang qifanSteven zhangRohana mahmoodBusiness advisory councilSwire pacificInternational monetary fundInternational economic exchangesRegional comprehensive economic partnershipChina centerWorld economic outlookDirector kristalinaSingle dayForeign investment law