Foreign media: Several international banks have raised their growth expectations for China's economy this year.

Reference News Network, July 17 report - According to the website of Singapore's Straits Times on July 16, after China's economic data for the second quarter exceeded expectations, at least nine U.S. or international banks have raised their forecasts for China's economic growth this year.

According to Bloomberg, banks such as Morgan Stanley, Goldman Sachs, and Barclays have raised their GDP growth forecast for China this year to close to 5%, while ANZ Bank expects a growth rate of 5.1%.

The official data released on the 15th showed that China's economy performed well, thanks to the resilience of exports and policy support for consumption and investment.

The National Bureau of Statistics of China released the latest economic data on the 15th, showing that China's GDP grew by 5.2% in the second quarter of this year, with a slower growth rate compared to the 5.4% in the first quarter, but slightly higher than the 5.1% predicted by Reuters and Bloomberg. Deputy Director of the National Bureau of Statistics, Sheng Laiyun, described the Chinese economy in the first half of the year as "striving forward and steadily improving."

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