ADB Raises Growth Outlook: China at 4.8%, Developing Asia at 5.1%

China’s growth outlook for 2025 has been nudged higher by the ADB, citing stabilizing domestic demand and policy support. While the 2026 forecast remains unchanged, the adjustment signals cautious optimism for the world’s second-largest economy. For developing Asia, which includes 46 economies across the region (excluding Japan, Australia, and New Zealand), stronger demand from high-tech sectors and India’s faster-than-expected expansion have lifted projections. The ADB notes that while growth momentum is expected to moderate, export strength and easing inflation will help sustain activity.  

Notable updates  
• China’s 2025 growth forecast raised to 4.8% from 4.7%  
• China’s 2026 forecast unchanged at 4.3%  
• Developing Asia’s 2025 growth forecast lifted to 5.1%  
• Developing Asia’s 2026 forecast set at 4.6%  
• Strong demand from high-tech economies and India’s growth underpin optimism  

Major takeaway  
The ADB’s revised forecasts highlight cautious optimism: China’s modest upgrade reflects policy-driven stability, while developing Asia’s stronger outlook underscores resilience powered by India and technology-driven exports.  

Sources: Reuters, Business Standard, Asian Development Bank