July 24, according to the Wall Street journal reported that the international monetary fund (IMF) released its world economic outlook report. By the United States, China and other emerging market countries weak economic growth, the global economy will grow by 3.4% in 2014, compared with its expected 3.7% decline in April.
The IMF said, though developed economies remain extremely low interest rates for a long time, but still lack of strong economic growth. So weak global growth will continue for a long time, the government should urged the developed and emerging economies structure reform, to strengthen the construction of infrastructure such as measures to improve the economic competitiveness.
Written by Dora Men