Since the beginning of this year, in the face of the complicated domestic and international development environment, the Party Central Committee and the State Council have reviewed the situation, made decisive decisions, took the initiative to lead the new normal, adhered to the general tone of steady progress, coordinated the growth, promoted reform, adjusted the structure, and benefited the people. Anti-risk, strengthen multiple objectives, multiple policies, and comprehensive reform of various reforms. On the basis of interval control, timely increase the intensity of directional regulation, and successively issued a series of policy measures, including interest rate cuts and structural tax cuts. And universal fee reduction, timely release of new bond and replacement bond issuance quota, implementation of seven major categories of major investment projects and six major areas of consumer engineering, innovation and improvement of key areas of investment and financing mechanisms, improve export tax rebates, reduce the proportion of housing down payment and Trading links, etc. At the same time, the supervision and inspection of policy measures were intensified, the effect of the policy gradually appeared, the economic operation stabilized and stabilized, and the stability was good, and there was progress. The economic operation is in a reasonable range, the structural adjustment is actively promoted, the vitality continues to increase, and the overall social situation remains stable.

"Stable" can be understood from six aspects. First, the growth rate is stable. In the first half of the year, GDP grew by 7%, which was in line with the expected target for the whole year, and the growth rate in the first and second quarters was 7%, and there was no big fluctuation. Second, consumption is stable. In the first half of the year, the total retail sales of consumer goods increased by 10.5% year-on-year. Third, prices are stable. In the first half of the year, consumer prices rose by 1.3% year-on-year, showing a moderate upward trend. Fourth, employment is stable. In the first half of the year, there were 7.18 million new jobs in urban areas, completing 71.8% of the annual target. At the end of June, the urban unemployment rate in 31 major cities was 5.06%, which was 0.13 percentage points lower than the end of the first quarter. Fifth, agriculture is stable. The total output of summer grain in the country increased by 4.47 million tons compared with last year, an increase of 3.3%. The output of rapeseed in summer increased by 160,000 tons, an increase of 1.2%. At present, the autumn grain is growing well and the supply of vegetable basket products is sufficient. Sixth, income is stable. In the first half of the year, the per capita disposable income of the national residents increased by 7.6% year-on-year, and continued to grow faster than GDP.

"Good" and "into" are mainly manifested in the acceleration of adjustment and optimization of the economic structure, the acceleration of new growth points, and the acceleration of new growth momentum. First, the economic recovery is on a good momentum. Driven by a series of measures to stabilize growth, promote reform, adjust structure, benefit people's livelihood, and prevent risks, some economic indicators have stabilized and recovered from the second quarter. For example, the PMI in June reached 50.2%, staying above the line for four consecutive months. The growth rate of industrial added value above designated size continued to accelerate, with an increase of 5.9% in April, an increase of 6.1% in May and a 6.8% increase in June. In the first half of the year, fixed asset investment increased by 11.4% year-on-year, and the growth rate was unchanged from January to May. The total retail sales of consumer goods increased by 10.2% in May and 10.6% in June, and the growth rate is also accelerating month by month. In addition, in June, the year-on-year growth rate of total exports denominated in US dollars turned from negative to positive, increasing by 2.1%.