Since the beginning of this year, due to multiple factors such as continuous interest rate hikes by Western countries in the United States and continued geopolitical tensions, the world economy has experienced downward fluctuations, and the economic growth rate of major economies has generally slowed down. The overall recovery of the Chinese economy is improving. From a horizontal perspective, it is in a relatively fast growth range, with year-on-year growth of 4.5% and 6.3% in the first and second quarters, respectively. The growth rate has accelerated quarter by quarter, with a year-on-year growth of 5.5% in the first half of the year, which is significantly faster than the economic growth rate of 3% in the whole year of last year and the average annual economic growth rate of 4.5% in the three years of the epidemic. From a vertical perspective, the growth rate remains at the forefront among major economies. Based on the international economic situation in the second quarter, it is expected that China's economic growth rate will still be at the forefront of major economies in the first half of the year. Against the backdrop of a slowdown in global economic growth momentum, the Chinese economy has shown strong resilience. The high-quality development of the Chinese economy has been solidly promoted. Not only did it achieve a reasonable increase in quantity, but it also showed good performance in effectively improving quality. From the perspective of growth mode, the main driving force of consumption has strengthened. In the first half of the year, the contribution rate of final consumer spending to economic growth reached 77.2%, significantly higher than the previous year and at a higher level in recent years. From the perspective of growth momentum, the role of innovation as the driving force for development and the growth engine of new industries is further highlighted. In the first half of the year, investment in high-tech industries increased by 12.5% year-on-year, the added value of information transmission, software, and information technology services increased by 12.9%, the added value of aviation, spacecraft, and equipment manufacturing industries above designated size increased by 22.9%, and the production of new energy products such as new energy vehicles, solar cells, and charging stations increased by 35.0%, 54.5%, and 53.1% respectively. From the perspective of industrial upgrading, the proportion of advanced manufacturing and modern service industries continues to increase. The proportion of the added value of equipment manufacturing industry to the total industrial added value above designated size is 32.3%, an increase of 1.4 percentage points compared to the same period last year; The added value of the service industry accounts for 56.0% of the gross domestic product (GDP) and contributes 66.1% to economic growth. From the perspective of green development, the efficiency of energy resource utilization has improved, and clean and renewable energy continue to develop and grow. Preliminary calculations show that the energy consumption per unit of GDP in the first half of the year decreased by 0.4% year-on-year, an increase of 0.3 percentage points compared to the entire year of the previous year; The total proportion of wind, solar, and nuclear power generation in total electricity generation is 18.5%, an increase of 1.3 percentage points year-on-year. From the perspective of ensuring people's livelihoods, employment and income have maintained stable growth. In the first half of the year, the average unemployment rate in the national urban survey was 5.3%, a decrease of 0.2 percentage points compared to the first quarter. 6.78 million new urban jobs were added, an increase of 240000 compared to the same period last year, achieving 56.5% of the annual target task; The per capita disposable income of Chinese residents increased by 6.5% in nominal terms year-on-year, and the actual growth rate after deducting price factors was 5.8%, which is higher than the actual GDP growth rate in the first half of the year. The resilience of China's economic recovery is of great significance for world economic growth. Firstly, as the world's second largest economy, China has always been a global economic growth force