National Bureau of Statistics: Strengthen counter-cyclical and cross-cyclical adjustment, continue to expand domestic demand.

Feng Lihui, spokesperson of the National Bureau of Statistics, stated that since the beginning of this year, the growth momentum in the first quarter has been good, with a GDP growth of 5% in the first quarter. Since the second quarter, affected by complex changes in the international environment and domestic structural adjustment pressures, some economic indicators have shown a decline in growth, and some enterprises are facing difficulties in operation. However, looking at the overall development trend, the overall stable and steadily advancing trend of China's economic operation has not changed, with clear characteristics of new momentum and structural optimization. Looking at the situation in the next stage, although there are still some difficulties and challenges, the fundamental trend of long-term economic improvement remains unchanged, new productive forces are being nurtured and strengthened, and the dividends of reform and opening up continue to be released. With the effective implementation of macroeconomic policies, they will continue to support the stable operation and optimization of the economy. Overall, China's economic foundation is stable, with many advantages, strong resilience, and great potential, providing good conditions for pushing the economy towards stable and positive development. In the next stage, it is necessary to fully utilize and utilize various macroeconomic policies, strengthen countercyclical and cross-cyclical adjustments, continue to expand domestic demand, accelerate the cultivation and strengthening of new development momentum, solidly promote high-quality development, and better guarantee and improve people's livelihoods.