The world economy maintains a slow recovery in 2014，and the economic growth rates among countries differentiate significantly. The developed and developing economies experiences a double speed growth，but its difference narrows. The US economic recovery consolidates while the euro zone economy operates at a low level and Japan’s growth is still far away from its target because the effectiveness of “Abenomics” decreases. Thus，the monetary policies of the developed economies differentiate. Brazil and Russia fall sharply with an almost zero growth while China remains a high level growth even with a slowed growth rate and India’s economic growth is improved. The overall global labor market improves comparatively. The consumer price flats with a slight decline but all economies perform in variety. Some economies begin to face the risk of deflation. The linkage of the political and economic factors causes a sharp decline in global commodity prices. The global trade enters a low growth track while the foreign direct investment lacks motivations. The global debt level is still high. Despite of various difficulties，the global economic governance and regional cooperation still made some new progresses. In 2015，the world economy will be influenced by many factors such as the monetary policies of advanced economies and their spillover effects，the reform results of major emerging economies，the potential risks of global financial system，geopolitical economic trends，paroxysmal diseases and natural disasters，and so on. The global economic growth is expected to rise slightly.