ECONOMY

IMF Raises China Growth Forecast, Urges ‘More Forceful’ Property-Sector Intervention

Published: Dec. 11, 2025 3:26 a.m. GMT+8

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IMF Managing Director Kristalina Georgieva speaks at a press briefing in Beijing on Dec. 10, 2025.

The International Monetary Fund on Wednesday said China’s economy is on track to grow faster than previously expected in 2025 and 2026, but warned that the country must confront structural challenges ranging from weak consumption to a protracted property slump.

The IMF delivered the assessment at a press briefing in Beijing after completing its 2025 Article IV consultation mission, held Dec. 1–10. Staff met senior officials from the central government, the People’s Bank of China, and multiple ministries, as well as private-sector and academic representatives.

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IMF raised China’s 2025 and 2026 growth forecasts to 5% and 4.5%, citing stronger exports and fiscal stimulus.
Challenges include a weak property sector, excessive export reliance, and subdued consumption; IMF urges structural reforms and more forceful property measures.
IMF estimates resolving property issues will require about 5% of GDP over three years, and policy reforms could boost GDP by 2.5 percentage points by 2030.

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