The fundamental trend of China's economy remains unchanged, according to an official at the annual session of the CPPCC National Committee.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, March 3 (Xinhua) — The basic conditions for maintaining the long-term positive momentum of China's economy and its fundamental trend remain unchanged, Liu Jieyi, spokesperson for the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC), China's top political advisory body, said on Tuesday.

The Chinese economy continues to face problems and challenges, but it has a solid foundation, many advantages, high resilience and enormous potential, he said at a press conference.

Liu Jieyi noted that over the past year, China's economy has demonstrated impressive resilience and vitality, continuing to remain among the world's leading major economies in terms of growth rates.

The integration of technological innovation and industrial development has deepened, and the growth of new productive forces has accelerated, Liu Jieyi stated. He added that the strong consumer activity during the recent Spring Festival (Chinese New Year) holiday also underscored the strength of the country's vast domestic market.

Firm confidence, effective use of advantages and response to challenges will help achieve continuous strengthening and expansion of the positive dynamics of sustainable economic growth, the official representative expressed his conviction. -0-

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