On April 16, Sheng Laiyun, deputy director of the National Bureau of Statistics, said at the press conference of the State Information Office that the Chinese economy is currently forming a new pattern driven by domestic demand and innovation. Over the past five years, domestic demand contributed more than 80% on average to economic growth. In 2024, the value added of the “three new” industries will account for more than 18% of GDP. The value added of the core industry of digital products also accounted for about 10% of GDP. All of this is beneficial to enhancing the coordination and stability of the Chinese economy.

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国家统计局副局长盛来运:中国经济依靠内需和创新驱动的新格局正在形成
Sheng Laiyun, Deputy Director of the National Bureau of Statistics: China's economy is taking shape in a new pattern driven by domestic demand and innovation
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