2023 is the beginning year of fully implementing the spirit of the 20th National Congress of the Communist Party of China, and also the first year of economic recovery in China after three years of impact from the epidemic. With a profound insight into "time" and "momentum", and a scientific grasp of "danger" and "opportunity", the Chinese economy is fearless of wind and rain and increasingly resilient. Strengthening the foundation and promoting economic growth, the economy continued to rebound and improve. In the first three quarters of this year, the gross domestic product reached 91302.7 billion yuan, a year-on-year increase of 5.2%, and the economic size steadily expanded. Looking back at the economic trajectory since the beginning of this year: the first quarter achieved a good start, with a growth rate of 4.5%; In the second quarter, the recovery trend continued, with a growth rate of 6.3%; In the third quarter, there was a significant trend of stabilization and recovery, with a growth rate of 4.9%. After three years of impact from the epidemic, economic recovery is bound to be a process of wave like development and tortuous progress. Due to the interweaving and overlapping effects of multiple domestic and foreign factors, some economic indicators have fluctuated since the second quarter. The Central Committee of the Communist Party of China and the State Council have implemented precise macroeconomic regulation, implemented a combination of policy measures, effectively stabilized growth, boosted confidence, and prevented risks, promoting the sustained recovery and improvement of the Chinese economy in the process of consolidating the foundation and strengthening the economy. Where is China's economy stable? The macro four corners are important observation indicators - looking at growth rates. The growth rate in the first three quarters was 5.2%, significantly faster than last year's full year growth rate of 3%, and also faster than the three-year average growth rate of 4.5% during the epidemic. Against the backdrop of weak global economic recovery, this growth rate continues to lead among major economies. Preliminary calculations show that the year is expected to achieve "later stability" on the basis of "previous low, middle high". Looking at employment. The Central Committee of the Communist Party of China has clearly proposed to elevate stable employment to a strategic level and comprehensively consider, making every effort to stabilize and expand employment. Despite facing overall and structural pressures, the employment situation is improving overall. In October, the national urban survey unemployment rate was 5.0%, unchanged from the previous month. Look at the prices. At a time when major developed economies are struggling with high inflation, China's overall price level remains relatively stable, providing ample space for policies to stabilize growth. In the first 10 months, the national consumer prices increased by 0.4% year-on-year. Look at the balance of payments. At the end of October, the scale of China's foreign exchange reserves was 3101.2 billion US dollars, remaining stable at around 3.1 trillion US dollars. The three industries can serve as another observation perspective - the agricultural production situation is good, and China's grain production has overcome the rare "rotten rain" in the Yellow and Huai River, severe floods in the northeast of North China, and localized droughts in the northwest. The production is expected to reach a new historical high, and the "Chinese rice bowl" is more stable and secure; Industrial production has grown steadily, with the growth rate of most industries and products rebounding. The product sales rate has remained above 97% for four consecutive months, and the profits of industrial enterprises have continued to grow positively for three consecutive months. The resilience and safety level of the industrial and supply chains have further improved; The growth momentum of the service industry is good, and the modern service industry is growing rapidly. In October, the national service industry production index increased by 7.7 year-on-year