Citi Group's Yu Xiangrong: Chinese exports expected to continue to exceed expectations in the second half of the year.

On July 21, Citigroup Group released its macroeconomic outlook for the domestic economy in 2025. In mid-June, after raising its forecast for China's GDP growth to 5% for this year, Citigroup believes that China's full-year growth target can be achieved. While continuing to consolidate actual growth momentum, Citigroup believes that in the second half of the year, it is both necessary and possible for China to focus on repairing nominal growth.