Since March this year, affected by unexpected changes such as the complex evolution of international geopolitics and the ups and downs of domestic epidemics, the complexity, severity and uncertainty of my country's economic development environment have increased, and stabilizing growth, employment, and prices have faced new challenges. Judging from the latest economic data released in April, some major economic indicators have declined significantly, and the downward pressure on the economy has further increased, which has also aroused concerns about the prospects of my country's economic development.

The more changeable the situation and the more complex the environment, the more we must maintain a clear mind and strategic concentration. The fluctuation of monthly data does not represent the trend of the whole year, nor will it change the general trend of development. It is necessary to persist in scientifically analyzing the situation with a comprehensive, dialectical and long-term perspective, and deeply understand the "changes" of the development environment and the "unchanged" economic fundamentals. Although the current difficulties and challenges faced by my country's economic operation have increased significantly, the good momentum of sustained economic recovery and development has not changed, and the conditions of production factors supporting high-quality development have not changed. The fundamentals have not changed. We have the conditions, ability and confidence to overcome difficulties and challenges and stabilize the macroeconomic market.

The confidence and confidence come from the strong leadership of the Communist Party of China and the significant advantages of the socialist system with Chinese characteristics. Under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at its core, the major achievements and historical experience of the party's century-long struggle have gathered strong spiritual strength, and the institutional advantages of concentrating on major events have continued to be demonstrated. As long as we are good at using institutional power to deal with risks and shocks, we will surely be able to overcome challenges and turn crises into opportunities.

The confidence and confidence come from the steadily increasing comprehensive national strength and solid economic foundation. Last year, my country's economic aggregate reached 114 trillion yuan, and its status as the world's second largest economy has been consolidated and improved. my country has the most complete and largest industrial system in the world. The added value of the manufacturing industry has ranked first in the world for 12 consecutive years, and the grain output has remained stable at more than 1.3 trillion kilograms for 7 consecutive years. my country has a population of more than 1.4 billion and the largest middle-income group in the world, with a per capita GDP of more than 12,000 US dollars and a market entity of more than 150 million households. The super-large market advantage continues to emerge.

The confidence and confidence come from the self-confidence and self-improvement of the people across the country. my country insists on continuously ensuring and improving people's livelihood in the process of development, creating a miracle of long-term social stability and creating a good social atmosphere for economic development. Hundreds of millions of people have the strong desire to pursue a better life, the huge potential for entrepreneurship and innovation, and the firm will to overcome the difficulties together. They contain rich wisdom and unlimited creativity. When everyone thinks and works hard, they will gather together. The majestic power to overcome difficult challenges.

The confidence and confidence also come from the continuous enhancement of my country's macroeconomic governance capabilities. In the face of difficulties and challenges, my country has scientifically coordinated epidemic prevention and control and economic and social development, strengthened inter- and counter-cyclical adjustments, and promptly issued a series of policies that are conducive to economic stability. It needs to be noted that my country's inflation rate and government debt rate are relatively low, the macro policy space is relatively sufficient, and there are many macro policy tools, which is capable of maintaining stable economic operation.

Since the beginning of this year, although the epidemic has had a greater impact on production and life in some areas, on the whole, this impact is staged, short-term, and external. Since mid-to-late April, the epidemic situation has generally shown a downward trend. In some areas seriously affected by the epidemic, the resumption of work and production is progressing in an orderly manner. With the effective control of the epidemic and the intensification of macro policy adjustments, economic performance is expected to improve at a faster pace.

China's economy has always grown in the wind and waves, and has grown through hard work. Our country is seeking development in a more unstable and uncertain world. In the face of numerous challenges, we must not lose confidence and hesitate to retreat, but must strengthen our confidence and advance bravely. It is necessary to implement the decisions and arrangements of the Party Central Committee and the State Council, and in accordance with the requirements of "preventing the epidemic, stabilizing the economy, and ensuring safety in development", put stable growth in a more prominent position, coordinate stable growth, adjust structure, and promote reforms. Efforts will be made to stabilize employment, prices, and industrial and supply chains, so as to effectively protect and improve people's livelihood. With the support of efficient coordination of various policies and measures for epidemic prevention and control and economic and social development, my country's economy will surely maintain stable and healthy development.