China's economic fundamentals: overall economic operation is improving, market demand is gradually recovering, production and supply are increasing, employment prices are generally stable, and residents' income is growing steadily.
Economic work is never abstract and isolated, but concrete and relevant. It should be clear that under the background that the international political and economic situation is becoming increasingly complicated and severe, and the tasks of domestic reform, development and stability are more arduous and arduous, it is not easy for China's economy to achieve such achievements. Combined with the data, we can accurately grasp the overall situation of China's economic development from the perspective of "three invariants".
First of all, the fundamentals of economic stability and long-term improvement have not changed. In the first half of 2023, China's economy gradually got rid of the epidemic and returned to the normal operation track, showing a strong recovery trend. Compared with the basic situation of economic development in 2022, China's economic development indicators have been further improved.
Focus on promoting sustained and healthy economic development;
At present, the overall trend of China's economic development is improving, but there are also some outstanding problems, such as insufficient vitality of market players, insufficient consumer confidence, many hidden dangers in the real estate market, and severe and complicated employment situation. Therefore, in order to promote the sustained and sound development of China's economy, we must adhere to the problem orientation and focus on solving these shortcomings and problems that restrict economic development.
By promoting full employment and increasing transfer payments to low-and middle-income groups, the income level of residents should be raised, their consumption confidence should be enhanced, and their consumption ability and willingness should be enhanced. At the same time, it is necessary to organically combine the implementation of the strategy of expanding domestic demand with deepening the structural reform on the supply side, continuously increase the supply of high-quality products and services, enhance the adaptability and flexibility of the supply structure to changes in demand, and expand new consumption space, create new consumption scenarios and lead new consumption upgrades with high-quality supply.