By Yang Yulai, SFC, 21st Century Business Herald
“Despite mounting challenges, the global economy has continued to demonstrate a certain degree of resilience,” said Frantisek Ruzicka, Deputy Secretary-General of the Organization for Economic Cooperation and Development (OECD), in an exclusive interview with the SFC.
According to the OECD’s Economic Outlook released on March 26, global economic growth is projected to reach 2.9% in 2026, with a slight rebound to 3.0% in 2027. The report notes that uncertainties in the Middle East pose a test to global economic resilience. Persistently high energy prices could significantly raise business costs, fuel inflation, and weigh on the global growth outlook.
Ruzicka added that, at the global level, the growth outlook is under pressure from overlapping risks such as geopolitical conflicts and climate-related disasters. At the same time, however, the global economy has shown a capacity for recovery following shocks like the pandemic. In addition, green transition and infrastructure investment are creating new growth opportunities and providing potential momentum for the global economy.
Speaking about China, Ruzicka considered the country has a solid foundation for growth and a clear medium- to long-term development strategy, with notable progress in areas such as green technology and digitalization.
Chief Producer: Zhao Haijian
Supervising Producer: Shi Shi
Editor: Li Yinong, Zhao Yue
Reporter: Yang Yulai
Video Editor: Li Qun
New Media Coordination: Ding Qingyun, Zeng Tingfang, Lai Xi, Huang Daxun
Overseas Operations Supervising Producer: Huang Yanshu
Overseas Content Coordinator: Huang Zihao
Overseas Operations Editors: Zhuang Huan, Wu Wanjie, Long Lihua, Zheng Quanyi
Produced by: Southern Finance Media Corp.
