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World Bank raises China's GDP forecast to 4.8 pct in 2025

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World Bank raises China's GDP forecast to 4.8 pct in 2025

2025-10-08 23:13 Last Updated At:10-09 00:17

The World Bank has raised its forecast for China's GDP growth in 2025 to 4.8 percent in its October 2025 East Asia and Pacific Economic Update released on Tuesday, 0.3 percentage points higher than its previous forecast of 4.5 percent in June.

The World Bank also projected China's GDP growth in 2026 to decline from 4.8 percent this year to 4.2 percent in 2026, "because of an expected slowdown in export growth and a likely reduction in the fiscal stimulus in light of rising public debt, as well as continued structural deceleration."

World Bank analysts also predicted that China will roll out more stimulus policies to support its annual growth target.

The report also forecast that the rest of the East Asia and Pacific region will grow by 4.4 percent in 2025 and 4.5 percent in 2026 "in the face of higher trade barriers, elevated global economic policy uncertainty and slower global growth, as well as increased domestic political and policy uncertainty."

Vietnam is expected to lead with a 6.6 percent growth, followed by Mongolia at 5.9 percent, and Palau at 5.7 percent in 2025.

The World Bank warned of slowing global economic momentum due to low consumer and business confidence and higher trade barriers, triggered in large part by U.S. economic and trade policies.

World Bank raises China's GDP forecast to 4.8 pct in 2025

World Bank raises China's GDP forecast to 4.8 pct in 2025

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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