Reform keeping economy strong

Editor's Note: An official from the National Development and Reform Commission was recently interviewed by Xinhua News Agency on China's economic development trend in 2022. The following are excerpts:

Despite facing a complex, grim and uncertain external environment, a shrinking demand, supply shock and weakening expectations, China still has many favorable factors supporting its economic development. With a strong resilience, great potential and a broad prospect, China's long-term economic trend has not changed, and it has enough means, confidence and ability to maintain steady, sound and sustainable economic development.

China's overall national strength has been rising and its industrial system is complete and well-established. That, along with people's improving living conditions, will further enhance China's ability to withstand risks. China has worked hard to address supply shortage and significantly increased the guarantee of energy and raw materials. It has accelerated efforts to foster a strong domestic market and made new strides toward building a new development paradigm, with a huge potential of consumption growth, and accelerated extension of traditional industries into digital, networked and intelligent industries.