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Compared with the predictions the IMF made last fall, the US growth forecast has been raised from 2.3 percent to 2.7 percent in 2018, and from 1.9 percent to 2.5 percent in 2019.

Companies are finding it easier to find skilled talent in China, an indication that China's labor market is still more robust than other 33 major labor markets amid rising global uncertainties, a new report said.

Companies headquartered in China lead other regions by similar margins on indicators such as their executive team's involvement in innovation strategy and company-wide cultural support for innovation programs, Hui said.

Company to cash in on growing demand for healthy products in Chinese market

Collaborating with local stakeholders to drive innovation