全球寒冬里，中国格外突出

Core Viewpoint - The World Bank has raised China's economic growth forecast for 2025 by 0.4 percentage points, signaling increasing optimism about China's economic prospects amid a global slowdown [1][3]. Group 1: Reasons for Growth Forecast Adjustment - The upward adjustment is based on three main reasons: proactive macro policy support, ongoing structural reforms, and resilient domestic demand and export markets [3]. - Macroeconomic policies have become more forward-looking, targeted, and coordinated, with fiscal policies emphasizing quality and efficiency, and monetary policies maintaining precision and effectiveness [3]. - Structural reforms are advancing steadily, improving people's livelihoods through rural revitalization, land system reforms, and equalization of public services [5][7]. Group 2: Market Resilience and Economic Structure - Domestic demand and exports show strong resilience, supported by China's vast market size and industrial technology advantages, effectively responding to internal and external risks [7][8]. - The large-scale market serves as a solid foundation for China's domestic demand system, enabling many businesses to thrive by meeting niche demands [8]. - High-tech manufacturing has seen significant growth, outpacing overall industrial growth, illustrating the competitive advantage of China's complete industrial supply chain [8]. Group 3: Overall Economic Outlook - The adjustment in the growth forecast reflects the potential of China's economic development, characterized by a stable economy nearing 140 trillion yuan, contributing stability and new momentum to the global economy [10]. - The "height" of the economy is represented by technological innovation driving breakthroughs, while the "thickness" comes from a robust supply and demand system supported by a large market [10]. - The "warmth" is derived from policies focused on social welfare and bottom-line thinking, laying a foundation for harmonious social development [10].