At a press conference held by the State Council Information Office today, the relevant person in charge of the National Bureau of Statistics stated that from the next stage of the situation, although the international environment is complex and severe, the long-term positive fundamentals of China's economy have not changed, and there are many favorable conditions for sustained economic recovery.

Fu Linghui, spokesperson for the National Bureau of Statistics, stated that there is a foundation for economic recovery.

 From the main indicators, the sales and service industries closely linked to the domestic market continue to steadily increase.

 From January to April, the total retail sales of consumer goods and the production index of the service industry increased by 4.7% and 5.9% respectively, both accelerating by 0.1 percentage points compared to January to March.

Since the beginning of this year, more proactive and effective macro policies have been implemented, with greater policy guarantees.

Fu Linghui, spokesperson for the National Bureau of Statistics, said that the "dual" and "two new" policies have been strengthened, expanding market demand, driving enterprise production, supporting innovative development, boosting market confidence, and the effects continue to be evident.

 From January to April, the growth rate of major production demand indicators was significantly faster than the whole year of the previous year.

 Recently, relevant departments have further lowered reserve requirement ratios and interest rates, established new policy financial instruments, supported technological innovation, and expanded consumption.

 With the gradual implementation and implementation of various policies by the Party Central Committee and the State Council, it will be conducive to the sustained recovery and improvement of the economy.

From the perspective of consumption, potential is constantly being unleashed.

 In April, the total retail sales of household appliances, audio-visual equipment, cultural and office supplies related to the trade in of consumer goods increased by 1.4 percentage points.

 From January to April, the year-on-year growth rate of service retail sales accelerated for two consecutive months.

From an innovation perspective, the momentum is strong.

 In April, the added value of high-tech manufacturing industries above designated size increased by 10%, 3.9 percentage points faster than all industries above designated size.

 The intelligent and green transformation is accelerating, with the added value of intelligent unmanned aerial vehicle manufacturing increasing by 74.2% in April, and the production of new energy vehicles increasing by 38.9%.

 Breakthroughs in cutting-edge fields such as artificial intelligence big models and humanoid robots will further promote industrial upgrading and development.

 Overall, supported by multiple favorable factors, China's economy is expected to maintain a stable and progressive development trend.