Ministry of Finance: China's Economy Shows Strong Resilience towards New Excellence

According to a report by CCTV NEWS,the Chinese economy exceeded market expectations in the first quarter of this year.

Recently, a person in charge of the Ministry of Finance stated that in the first quarter of this year, the Chinese economy withstood pressure and moved towards a new and better direction, exceeding market expectations, regarding Moody's International Credit Rating Company's maintenance of China's sovereign credit rating of "A1" and the upward adjustment of its outlook to "stable".

In the future, China will further deepen reforms comprehensively, continue to promote economic structural transformation, enhance fiscal sustainability, accelerate the cultivation and growth of new quality productive forces,consolidate the foundation of stable economic operation, effectively respond to external environmental uncertainties with the certainty of sustained and healthy economic and social development, and contribute greater strength to the recovery and prosperity of the world economy.