The relevant officials of the Department of Finance responded to questions from reporters about Moody's decision to maintain our sovereign credit rating.

We believe that since the fourth quarter of last year, the Chinese government has implemented a package of macroeconomic control policies, economic indicators have rebounded and improved, market expectations and confidence have stabilized, the medium and long-term sustainability of debt has strengthened, and Moody's decision to maintain the stable credit rating of China's sovereignty reflects positively on the good prospects of the Chinese economy. Next, a series of incremental policies and stock policies will continue to work together and have a lasting effect, providing solid support for the high-quality development of the economy. Regardless of how the external environment changes, China will maintain confidence, stay focused, and concentrate on doing its own business.