(the latest IMF report predicts that China's economy is expected to grow by 5.2% this year, 0.8% higher than before). The latest issue of the "Asia-Pacific Economic Outlook" report, jointly sponsored by the International Monetary Fund (IMF) and the China Financial Forty Forum (CF40), was held in Beijing on the 11th. This issue of the report predicts that economic growth in the Asia-Pacific region will rise to 4.6 percent this year from 3.8 percent last year, contributing more than 70 percent to global economic growth. China's economy is expected to grow by 5.2 per cent this year and continue to be the engine of economic growth in the Asia-Pacific region and the world-0.8 percentage points higher than the report released last October.