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01:27
China: World Bank raises China 2025 growth forecast by 0.4 percentage points
Storyline: The World Bank on Thursday released its latest China Economic Update in Beijing, raising its 2025 economic growth forecast for the world's second-largest economy by 0.4 percentage points. In the report, the World Bank said that China's more proactive fiscal policy and moderately accommodative monetary policy have supported domestic consumption and investment. It also highlighted that China's increasingly diverse export markets have contributed to maintaining the resilience of its exports. Mara Warwick, World Bank division director for China, Mongolia and Korea, believes that China's growth in the coming years will depend more on domestic demand. She said that China's more proactive fiscal policy, continuously deepening structural reforms, and more predictable business environment will help boost confidence and lay the foundation for resilient and sustainable growth. Shotlist: FILE: Beijing, China - Date Unknown: 1. Aerial shots of cityscape FILE: Shanghai, China - Date Unknown: 2. Aerial shots of cityscape, Oriental Pearl Tower, other landmarks FILE: Guangzhou City, Guangdong Province, south China - Date Unknown: 3. Aerial shots of cityscape, Canton Tower FILE: Wuyi County, Jinhua City, Zhejiang Province, east China - Date Unknown: 4. Various of robotic arms working, braised beakers in production FILE: Anhui Province, east China - Date Unknown: 5. Various of display-screen production line FILE: China - Exact Location and Date Unknown: 6. Various of new energy vehicle assembly lines 7. Interior of shopping mall 8. People in shopping mall FILE: Shaanxi Province, northwest China - 2025: 9. People shopping for home appliances 10. People at car dealership FILE: Shenzhen City, Guangdong Province, south China - Oct 2025: 11. Various of customers in store FILE: Shenzhen City, Guangdong Province, south China - Date Unknown: 12. Various of consumers selecting smart phones; smart phones for sale FILE: Danzhou City, Hainan Province, south China - Date Unknown: 13. Aerial shots of port scene, cargo ship [Restrictions: No access Chinese mainland]
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