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The OECD maintains its global economic growth forecast for this year and next.

[OECD Maintains Global Economic Growth Forecast for This Year and Next] The Organisation for Economic Co-operation and Development (OECD) released its latest economic outlook report on the 2nd, predicting global economic growth rates of 3.2% and 2.9% for this year and next, consistent with its September forecast. The report notes that expansive macro policy direction, market optimism regarding new technologies, and trade and investment growth driven by artificial intelligence are all supporting global demand. The report also warns that potential risks to the global economy are accumulating: the escalation of trade protectionism could severely damage global Supply Chain and output, the high valuations of assets based on optimistic expectations for artificial intelligence development could suddenly pullback, and the fiscal vulnerabilities of various countries could hinder economic growth. (Xinhua News Agency)

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