July 16, 2025

Following the release of China's first-half economic data, major foreign financial institutions, including UBS, Morgan Stanley, Goldman Sachs, and Nomura, have revised up their 2025 full-year GDP growth forecasts for China, signaling growing confidence in the country's economic trajectory amid global uncertainties.

Buoyed by the resilient performance in the second quarter (Q2), these institutions cite export resilience, fiscal front-loading, and better-than-expected economic data as key drivers.

Despite rising challenges and external uncertainties, China achieved steady economic growth in the first half of the year (H1) and is actively taking steps to maintain stability and sustain momentum in the months ahead.

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https://www.globaltimes.cn/page/202507/1338526.shtml