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Nation's growth buoying regional, global economy
China's steady growth prospects, underpinned by its policy predictability, strong innovation momentum and vast domestic market, are injecting certainty into both the regional and the global economy amid geopolitical headwinds and energy-related crises, experts said on Tuesday. Speaking at the Boao Forum for Asia Annual Conference 2026, Justin Yifu Lin, former chief economist at the World Bank, said that despite difficulties caused by de-globalization waves and geopolitical tensions, China is well-positioned to achieve its 2026 GDP target of 4.5 to 5 percent, which would contribute about 30 percent to global growth. [...]