The core reading is that the Chinese economy is a vast ocean that has always been developing and growing through storms. From the perspective of development trends, China's economy has strong resilience, great potential, and abundant vitality, and the long-term positive fundamentals have not changed. To do a good job in the economic work of the second half of the year, we must adhere to the overall tone of seeking progress while maintaining stability, fully, accurately, and comprehensively implement the new development concept, accelerate the construction of a new development pattern, comprehensively deepen reform and opening up, increase macroeconomic policy regulation, focus on expanding domestic demand, boosting confidence, preventing risks, and continuously promote the continuous improvement of economic operation, the continuous enhancement of endogenous power, the continuous improvement of social expectations, and the resolution of risks and hidden dangers, and promote the realization of the economy Effective improvement in quality and reasonable growth in quantity We need to further integrate our thoughts and actions into the analysis and judgment of the economic situation and the decision-making and deployment of economic work by the Party Central Committee, work together to overcome various difficulties and challenges in progress, ensure the completion of the annual goals and tasks, and solidly promote high-quality development. Since the beginning of this year, China's economy has continued to recover and overall recovered, laying a solid foundation for achieving the annual target tasks. The overall economic performance has rebounded and improved. The efforts to innovate and improve macroeconomic regulation have been further intensified, and the effectiveness of macroeconomic regulation has gradually become apparent. In the first half of the year, China's gross domestic product (GDP) grew by 5.5% year-on-year, 2.5 percentage points faster than the annual growth rate last year and 1 percentage point faster than the growth rate in the first quarter of this year, showing a significant marginal improvement trend. The economic growth rate remains leading among major economies in the world. The pulling effect of domestic demand has significantly increased. Adhering to the strategy of expanding domestic demand, prioritizing the recovery and expansion of consumption, market sales have significantly rebounded, and service consumption, which has been greatly impacted by the epidemic, is accelerating its recovery. From January to July, the total retail sales of consumer goods increased by 7.3% year-on-year, while the retail sales of services increased by 20.3% year-on-year; Fixed assets investment continued to grow, and investment in infrastructure (excluding power, heat, gas and water production and supply industries) and manufacturing increased 6.8% and 5.7% respectively year on year. The construction of major engineering projects was accelerated, and the supporting role of investment was enhanced. The industrial development trend is good. Agricultural production remained stable, with summer grain production ranking second in history. Industrial production has steadily recovered. From January to July, the added value of industries above designated size increased by 3.8% year-on-year, 0.2 percentage points faster than the annual growth rate last year. The service industry is accelerating its recovery. From January to July, the national service industry production index increased by 8.3% year-on-year, and the growth rate of contact aggregation service industries such as accommodation and catering, wholesale and retail, transportation, culture and entertainment has accelerated. Basic livelihood guarantees are strong. From January to July, the national urban survey unemployment rate is average