--- title: "World Bank Briefing: Unlocking Consumption Potential to Support Sustainable Economic Growth in China" description: "The World Bank pointed out in the latest issue of the China Economic Brief that China's GDP is expected to grow by 5.4% year-on-year in the first quarter of 2025. Policy support will boost consumption" type: "news" locale: "en" url: "https://longbridge.com/en/news/244373462.md" published_at: "2025-06-13T06:07:11.000Z" --- # World Bank Briefing: Unlocking Consumption Potential to Support Sustainable Economic Growth in China > The World Bank pointed out in the latest issue of the China Economic Brief that China's GDP is expected to grow by 5.4% year-on-year in the first quarter of 2025. Policy support will boost consumption, and housing sales in major cities are showing signs of recovery. Huama Ya believes that boosting household consumption is key to addressing economic challenges, especially by strengthening protections for migrant workers and gig economy groups to reduce precautionary savings needs and encourage spending. The brief emphasizes that active fiscal policies, through expanding public investment and targeted support, will support China's economic growth The latest issue of the China Economic Brief released by the World Bank on June 13 analyzes that in the first quarter of 2025, China's GDP is expected to grow by 5.4% year-on-year, supported by policy measures that boost consumption and a recovery in housing sales in major cities. Maya Ha, Director of the World Bank's China Office, believes that under external and domestic economic challenges, boosting household consumption is key to maintaining China's economic growth. Strengthening protections for migrant workers and gig economy groups will help reduce the demand for precautionary savings, thereby encouraging more spending. This brief, titled "Unlocking Consumption Potential," indicates that a more proactive fiscal policy, through expanding public investment and targeted support for residents, will support China's economic growth ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Raymond James Reaffirms Their Hold Rating on Firan Tech (FTG) | Raymond James analyst maintained a Hold rating on Firan Tech today and set a price target of C$20.00.President's Day Sal | [Link](https://longbridge.com/en/news/276494740.md) | | Auranova Announces Closing of Private Placement of Common Shares | Auranova Resources Inc. has successfully closed a non-brokered private placement, issuing 2,858,020 common shares at $0. | [Link](https://longbridge.com/en/news/276494659.md) | | Desjardins Sticks to Its Buy Rating for Canadian Tire (CDNAF) | Desjardins analyst maintained a Buy rating on Canadian Tire today and set a price target of C$203.00.President's Day Sal | [Link](https://longbridge.com/en/news/276494496.md) | | BlackBarn, VR Global Partners raise stake in Brazil's Azul | Azul (AZUL53.SA):BLACKBARN REACHED 8.1% STAKE IN AZUL'S COMMON SHARES - FILINGBRAZIL'S AZUL: VR GLOBAL PARTNERS REACHED | [Link](https://longbridge.com/en/news/276493947.md) | | Ventia Services Group Limited (VNT) was upgraded to a Buy Rating at RBC Capital | Ventia Services Group Limited (VNT) was upgraded to a Buy rating by RBC Capital with a price target of A$6.25, as announ | [Link](https://longbridge.com/en/news/276499967.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.