(VOVWORLD) - The International Monetary Fund raised its 2025 growth forecast for China to 5%, up from 4.8%, while calling on the world’s second largest economy to speed up structural reforms and adjust its growth model.
 International Monetary Fund (IMF) Managing Director Kristalina Georgieva attends a press conference in Beijing, China December 10, 2025. Photo: REUTERS/Tingshu Wang |
IMF Managing Director Kristalina Georgieva said net exports constituted 1.1% of China's 5% growth for this year, adding that the Chinese economy is on course to contribute 30% of global growth.
The IMF also lifted its forecast for China’s 2026 growth to 4.5%, an increase of 0.3 percentage points from its previous projection.
At the IMF’s concluding meeting, Georgieva urged Beijing to make “brave choices” by pushing ahead with reforms aimed at reducing its dependence on exports and shifting toward a domestic consumption-led model.