Multiple international institutions have recently revised upward their 2025 economic growth forecasts for China. The World Bank, International Monetary Fund (IMF), and Asian Development Bank (ADB) raised their projections by 0.4, 0.2, and 0.1 percentage points, respectively. A common theme among these institutions is their confidence in China's export performance, particularly in high-tech sectors.
**China's Exports Show "Strong Competitiveness"** The World Bank released its latest China Economic Update on December 11, revising its 2025 growth forecast upward by 0.4 percentage points compared to its previous report. The bank noted that China's diversified export markets have bolstered trade resilience.
Similarly, the ADB, in its *Asian Development Outlook 2025* report published on December 10, cited China's resilient exports and sustained fiscal policy support as reasons for raising its 2025 growth forecast by 0.1 percentage points.
Data shows that China's trade surplus in goods exceeded $1 trillion for the first time in the first 11 months of 2025. Reuters reported that China's exports to Europe, Australia, and Southeast Asia all recorded double-digit growth in November 2025, contributing to the record trade surplus.
Goldman Sachs Research stated that despite U.S. tariff pressures, China's exports continue to grow robustly, with full-year export growth expected to reach around 8%. This underscores the competitiveness of Chinese products across multiple industries globally.
The research team also highlighted steady growth in China's high-tech exports, a trend that has persisted for several years.
"Despite U.S. tariffs, China's exports of semiconductors, automobiles, and auto parts continue to expand steadily, reinforcing a resilient export-driven growth model," said Goldman Sachs analysts.
**International Institutions Highlight China's Domestic Resilience** IMF Managing Director Kristalina Georgieva recently remarked that China is implementing targeted measures to boost domestic demand, including strengthening social security, increasing elderly and childcare subsidies, and addressing excessive competition. These efforts are expected to enhance medium-term growth prospects.
The Organisation for Economic Co-operation and Development (OECD) also raised its 2025 GDP growth forecast for China to 5% in its latest economic outlook report, citing AI-driven productivity gains and consumption expansion as key drivers.
Deloitte's 2025 outlook report provided sector-specific insights on China, covering finance, energy, and telecommunications. The report emphasized policy support as a catalyst for domestic demand recovery.
Barclays noted significant investment opportunities in China, driven by stimulus measures and industrial restructuring. The bank pointed out that China has become a global leader in high-tech sectors such as solar panels, lithium batteries, and wind power equipment. "As the world's second-largest economy, China deserves a place in diversified investment portfolios," Barclays stated.
Goldman Sachs Research reiterated China's goal of achieving mid-level developed country status by 2035, suggesting that the country is "promoting both economic and income growth."
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