On January 9 local time, the United Nations released the World Economic Situation and Prospects 2025 (WESP) report. The report forecasts that the global economic growth rate will remain at 2.8% in 2025, the same as in 2024. Although the global economy has shown strong resilience and weathered a series of overlapping shocks, growth is still below the pre-epidemic average of 3.2%, mainly constrained by weak investment, weak productivity growth and high debt levels. The report pointed out that falling inflation and continued monetary easing in many economies could provide a modest boost to global economic activity in 2025. However, uncertainties remain, including geopolitical conflicts, rising trade tensions, and high borrowing costs in many regions. These challenges are particularly acute for low-income and fragile countries, whose growth performance is subdued and fragile, threatening progress towards the Sustainable Development Goals (SDGs).