The International Monetary Fund (IMF) says China's economy is set to grow 5% this year, after a "strong" first quarter

  • upgrading its earlier forecast of 4.6%

For 2025 it forecasts 4.5%

  • from 4.1% previously

"Strong Q1 GDP data and recent policy measures" drove the upgrades says the IMF.

It forecasts growth to slow to 3.3% by 2029, citing aging and slower productivity growth.

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