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Live Updates  >  Live Update Details

2025-08-01 10:21:58

[National Development and Reform Commission: Regular policy pre-research and preparation will be launched in a timely manner based on actual needs] Zhou Chen, Director of the National Economic Comprehensive Department of the National Development and Reform Commission (NDRC), stated at a press conference held by the NDRC on August 1 that the economy demonstrated strong resilience in the first half of the year. Domestic demand contributed 68.8% to GDP growth, continuing to play a role as a growth driver. Foreign trade imports and exports showed strong resilience, the equipment manufacturing industry continued to play a ballast role, and the modern service industry accelerated its development. Going forward, the NDRC will continue to promote the implementation of a number of measures to stabilize employment and the economy, maintain policy continuity and stability, enhance flexibility and foresight, transform external pressure into internal driving force, and stabilize the overall economic situation. Furthermore, the NDRC will strengthen economic monitoring, forecasting, and early warning, regularly conduct policy pre-research and preparation, and continuously improve the policy toolbox for stabilizing employment and expanding domestic demand. These measures will be promoted based on actual needs, and the coordinated policy and work coordination between this year and next will focus on stabilizing employment, stabilizing business and market expectations, and striving to achieve a reasonable recovery in the price level, overall social employment stability, and optimized economic growth.

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