Storyline: IMF revises up China growth forecast for 2025 on policy support [Stand_up] Xu Yi, Reporter: "Earlier, the International Monetary Fund just announced in Beijing for the projection on China's economy for 2025 and 2026 - which all reflect the upward revision, compared to the World Economic Outlook in October, driven by welcome macroeconomic policy stimulus measures and lower-than-expected tariffs on China's exports." [Sound_bite] Kristalina Georgieva, Managing Director, International Monetary Fund: "Despite sizable shocks, China's economy has shown remarkable resilience. We have upgraded our projections for China's growth to 5 percent in 2025 and 4.5 percent in 2026. These are upward revisions from our october World Economic Outlook of 0.2 and 0.3 percentage points respectively." [Voice_over] Recently, China just unveiled its development proposals for the 15th Five-Year Plan, which emphasized the development of new quality productive forces; boosting consumption to build a robust domestic cycle, improving people's livelihoods. Georgieva also highlighted in her remarks that she greatly appreciates the goals set in China's upcoming Five-Year Plan, noting that such development will provide great vitality for the global economy. [Stand_up] Xu Yi, Reporter: "Moreover, during the announcement, the director also highlighted the significance of China's consumption-led transition for the economic development in the coming years." [Sound_bite] Kristalina Georgieva, Managing Director, International Monetary Fund: "For the 15th Five-Year Plan, China emphasizes three things. One, high quality growth. Two, a process of moving China by 2035 to moderately developed economy status in terms of GDP per capita. Three,and this is very important moving the economy from export investment driven to domestic consumption driven economy. We very much support China's determination to change its growth model. As I said in my opening, China is now too big to rely on exports as a source for the growth. China has 1.4 billion people who present a large domestic market that can be a big aspiration for growth in years to come." [Voice_over] Beyond the IMF, international financial institutes such as Deutsche Bank have recently upgraded their growth forecasts for the Chinese economy. [Restrictions: No access Chinese mainland]