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China boosts confidence in world economy amid global uncertainties
The year 2025 is around the corner, but the economic outlook for the world is not as exciting as the coming of the New Year. International organizations like the International Monetary Fund (IMF) warn that the global economy faces risks of low growth, high debt, weak investment, and rising economic fragmentation. And the uncertainty linked to the incoming U.S. administration only further complicates the global economic landscape.
At this critical juncture, China, the world's second-largest economy, is working actively to instill confidence and stability in global development. In early December, China hosted the "1+10" Dialogue in Beijing, bringing together the heads of 10 prominent international economic organizations. Focusing on the themes of global development and common prosperity, the dialogue delivered a powerful message in favor of multilateralism and economic growth. It also reaffirmed the shared commitment of China and the participating organizations to promoting free trade and advancing economic globalization.
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BY Генконсульство КНР в Санкт-Петербурге
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