[United Nations releases latest economic forecast for China's economic growth rate to 5.3%] May 16, the United Nations released the "Mid-2023 World Economic situation and Outlook" report, showing that in the face of inflation, rising interest rates and increased uncertainty, the prospects for a strong global economic recovery remain bleak. Due to the continuing impact of the COVID-19 epidemic, the worsening impact of climate change and macroeconomic structural challenges, the world economy still faces the risk of long-term low growth. According to the report, the world economy is expected to grow by 2.3% in 2023 (0.4% more than the figure forecast in January) and 2.5% in 2024. According to the report, China's economic growth rate this year has been revised up to 5.3%, the US to 1.1%, and the EU economy is expected to grow by 0.9%.