China likely to be No.1 economy by 2035 with continuous momentum: international think tank

SOURCE/ECONOMY China likely to be No.1 economy by 2035 with continuous momentum: international think tank Long-term vision will be achieved by sustained and cumulative compounding interest Shenzhen Qianhai Comprehensive Bonded Zone in South China's Guangdong Province on December 15, 2023 Photo: Chen Tao/GTChina's GDP is estimated to surpass that of the US, with the country becoming the world's largest economy in about 2035, said a report released by a think tank comprising scholars from five countries-the US, Russia, Canada, India and China. The report indicated that China's promising growth will carry the world economy forward.The report also said China needs to rely on the sustained and cumulative "compounding interest" to achieve its 2035 vision, with the help of the gradual realization of high-quality development, and to cultivate and develop new quality productive forces.The ambitious projection was from one of the 10 visions for China in 2035 from a joint research report by a fiv...