Pierre-Olivier Gourinchas, Chief Economist of the International Monetary Fund (IMF), stated at the press conference for the World Economic Outlook Report on the day that in response to a question from the First Financial Daily reporter regarding China's economy, since the end of last month, the People's Bank of China and other relevant departments have introduced a series of measures to stabilize expectations and confidence.

The direction of these measures is correct, and they have effectively improved the situation in the real estate industry, such as reducing borrowing rates and improving the balance sheets of real estate enterprises. Gulansha explained that the latest measures released by the Chinese Ministry of Finance have not yet been included in this forecast, and are awaiting further details to be disclosed.

In future forecast updates, the growth rate of China's economy in the third quarter (%) and the boosting effects of a series of policy measures on the economy will be comprehensively considered. It is predicted that China's economic growth rate this year will be %.