IMF expects China to meet growth target of around 5 pct in 2023

The International Monetary Fund (IMF) stated on Thursday that it maintains its expectation that China will achieve its growth target of approximately 5 percent in 2023.

"On China, what we have seen recently is a slowdown in the economy since the first quarter. However, the very recent data has been a bit more mixed, with some signs of stabilization," IMF spokesperson Julie Kozack said at a press briefing in response to a question from Xinhua.

Detailed projections will be provided in the World Economic Outlook, set for release during the 2023 World Bank-IMF Annual Meetings in Marrakech, Morocco, from October 9 through October 15.