According to online reports, Zhu Haibin, chief economist at JPMorgan Chase China and head of economic research for Greater China, expressed his latest views and adjusted his forecast for China's economic growth in 2025. Specifically, JPMorgan Chase raised its forecast for full-year GDP growth in 2025 and raised China's GDP growth rate from the second quarter to the fourth quarter (quarter-on-quarter annual growth rate) to 3%. In terms of monetary policy, Zhu Haibin maintained the forecast of the People's Bank of China cutting interest rates by 30 basis points and reducing the reserve reserve rate by 100 basis points in 2025, believing that the central bank's monetary policy flexibility has increased. (Shanghai Stock Exchange)