Global economic and financial outlook report of Bank of China in 2020 From Bank of China Research Institute

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The following is the Global economic and financial outlook report of Bank of China in 2020 From Bank of China Research Institute recommended by recordtrend.com. And this article belongs to the classification: global economy , research report.

With regard to the global economic and financial situation, the report believes that the global economy will show a downward trend in 2019, and the economic growth rate is expected to be 2.6%, a new low in recent years. The global economy is highly financial, characterized by high mobility, low growth, low inflation and high bubbles.

Looking forward to 2020, affected by factors such as political and economic risks interwoven, it is expected that the first half of the year will continue to decline, and the second half is expected to build a bottom. The annual growth rate will drop by 0.1 percentage point compared with that in 2019. The change of Global trade gives birth to a new trend of regional cooperation. RCEP aims to establish a regional framework free trade agreement, which is expected to become a model of international economic and trade cooperation. The development of science and technology and the new economy industry represent the future development direction of the global economy. It is necessary for the whole world to strengthen the cooperation in innovation and investment, so as to push the real economy out of the trough.

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