Nation's economy showing signs of stability

This year, China's economy continues to demonstrate strong inertia and resilience in maintaining stable growth and quality enhancement. Amid internal and external pressures, China's macroeconomic policies have been characterized by proactive and well-targeted measures to bolster domestic demand, industrial upgrading and structural optimization, propelling the economy toward higher-quality and more sustainable growth.

As the key engine of economic recovery, consumption has shown steady improvement supported by policy incentives and structural upgrades, with its contribution to GDP projected to increase significantly. Meanwhile, new quality productive forces are rapidly taking shape led by robust expansion in high-tech industries, which are becoming the catalyst for investment growth.

On the export side, diversification is taking hold. Businesses are expediting their transition up the value chain. Emerging markets, particularly those involved in the Belt and Road Initiative and ASEAN regions, are gaining in prominence, effectively mitigating uncertainties stemming from market volatility elsewhere.