The International Monetary Fund (IMF) released its latest World Economic Outlook Report on the 10th, predicting that global economic growth will slow from 3.5% in 2022 to 3.0% in 2023 and 2.9% in 2024, the 2024 forecast/compared with the July forecast of 0.1 percentage points lower. The report also warns that the increasing fragmentation of the global economy caused by geopolitical tensions will not only impose more restrictions on global trade and impede cross-border capital and technology flows, but also take a huge toll on the global economy and hamper global multilateral cooperation in areas such as climate change and food security.