GUANGZHOU: China's gross domestic product (GDP) is expected to grow 5.2 percent in 2023 and 5 percent in 2024, according to a report released at the International Financial Forum (IFF) on Saturday.

The global growth is projected to slow further this year at 3.1 percent, and is likely to remain weak at the same level in 2024, according to the IFF 2023 Global Finance and Development Report released during the IFF 20th Anniversary and Annual Meeting held in Guangzhou, south China's Guangdong Province.

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