Global financial giant Morgan Stanley has upgraded China's 2025 GDP growth forecast to 4.5%, signaling confidence in the nation's tech-powered economic resilience. The 0.3 percentage point revision comes as analysts observe sustained momentum in advanced manufacturing and digital innovation.
Robin Xing, Morgan Stanley's chief China economist, attributes this optimism to Beijing's strategic focus on high-tech industrialization. "From AI development to quantum computing breakthroughs, China is building growth engines that transcend traditional models," Xing noted in an exclusive analysis shared with KhabarAsia.com.
The revised projection aligns with recent policy measures boosting R&D investment, including:
- Record 10% annual growth in tech sector funding
- Expansion of semiconductor manufacturing capabilities
- Accelerated adoption of smart factory technologies
While global markets face headwinds, China's emphasis on technological self-reliance appears to be cushioning its economy. The World Bank estimates digital industries now contribute 40% to annual GDP growth across the Chinese mainland.
This development carries implications for international investors eyeing Asia's largest economy. Emerging opportunities in green tech and advanced robotics sectors are particularly drawing attention from multinational corporations seeking to align with China's innovation priorities.
Reference(s):
China's economic growth sustained by ongoing tech advancement
cgtn.com