The IMF has raised its growth forecast for China's economy by 0.2 percentage points this year in its July report. Against the backdrop of overall downward revisions to global economic growth projections, China is one of the few major economies whose growth outlook has been upgraded.

The IMF report pointed out that China's economic performance in the first quarter exceeded expectations. The main reasons for this were the outstanding performance of China's high-tech manufacturing sector, as well as the strong boost from related exports.

Goldman Sachs expects China's economic growth to rebound in the third quarter on faster fiscal spending and lower oil prices.

Manufacturing saw the clearest improvement, according to the China Beige Book, an independent survey of Chinese businesses released in July. The survey, covering 1,321 businesses from June 1 to 22, pointed to a surge in luxury goods sales.

According to Reuters, the Chinese renminbi is seen as going further, with global banks revising up year-end forecasts for gains beyond June's 3-1/2-year high of 6.7522 per U.S. dollar. "There has been renewed demand for China bonds, which we believe was driven by relative safety and low volatility," said Wee Khoon Chong, Asia-Pacific macro strategist at American financial services company BNY.

CNBC reported that Singapore's state investment firm Temasek Holding's China exposure grew by about 7.7 billion USD over the past year, its highest net investment in the country since 2021. The China exposure has grown by about 18.57 billion USD over the past decade. Temasek is repositioning its China portfolio toward AI-related hardware and infrastructure, robotics, biotech and energy transition.

More and more overseas businesses are realizing that China's energy transformation strategy is focused on the long term, its production and supply chain system is complete and efficient, and the market resource advantages continue to be prominent. These elements have formed the "resilience code" that enables China's economy to move forward steadily and effectively cope with external shocks and challenges.

Nicholas Wagner, head of the Energy Initiative at the World Economic Forum, said countries that start investing in renewable energy earlier will demonstrate greater resilience in the face of energy crises. China, with its abundant energy reserves, diversified energy supply, and rapidly developing renewable energy industry, has to some extent mitigated the price shocks caused by the conflict in the Middle East. This experience holds significant reference value.

AllianzGI's chief information officer for equity, Michael Heldman, said, "China represents long-term investment opportunities." The Chinese market has great potential and abundant innovation vitality, and Chinese assets have long-term holding value.