On March 17, Fu Linghui, spokesperson for the National Bureau of Statistics and Director of the Comprehensive Statistics Division of the National Economy, stated at a press conference held by the State Council Information Office that since the beginning of this year, the combination of macro policies has shown effective results, the deepening of reform and opening up has improved social expectations and confidence, thus setting a good foundation for achieving the expected targets for the year in economic and social development. China’s economy maintains stable and healthy development with many favorable conditions: first, the industrial foundation is solid and the supporting role of new momentum has increased; second, there is significant scope for market demand, providing a basis for releasing consumer investment potential; third, the comprehensive deepening of reform and opening up will further stimulate development vitality and motivation; fourth, effective macro policies will support sustained economic improvement. Fu Linghui pointed out that this year is also the concluding year of the 14th Five-Year Plan, with various sectors focusing on key tasks and continuously increasing efforts, which will provide more support for stable economic growth.