The relevant official from the Ministry of Finance answered questions from journalists regarding Moody's decision to maintain our sovereign credit rating and raise the outlook to stable.

Recently, relevant officials from the Ministry of Finance accepted an interview with reporters regarding Moody's decision to maintain China's sovereign credit rating at "A1" and raise the outlook to "stable." Reporter: On April 27, Moody's International Credit Rating Agency released a report, deciding to maintain China's sovereign credit rating at "A1" and raise the outlook to "stable." What is the Ministry of Finance's opinion on this? The Ministry appreciates Moody's decision to maintain China's sovereign credit rating and raise the outlook to "stable." This rating reflects Moody's high recognition of China's strong resilience in the face of external shocks, as well as the new momentum and progress in China's high-quality economic development. In the past five years, China's GDP has accumulated an increase of over 35 trillion yuan, equivalent to creating another "Yangtze River Delta" economy. Despite facing multiple risks and challenges, China's economy has maintained an average annual growth rate of 5.4% during the "14th Five-Year Plan" period, with its contribution to global economic growth remaining stable at around 30%. 2026 marks the beginning of China's "15th Five-Year Plan." In the first quarter of this year, China's economy achieved rapid growth of 5%, exceeding market expectations. Against the backdrop of drastic changes in the global economic and trade environment and continued geopolitical risks, the Chinese government has implemented a package of macroeconomic control policies, strengthened policy coordination, and demonstrated strong resilience to pressure, showing the advantages of its massive market, complete supply chain system, and strong export competitiveness, which are also the cornerstones supporting China's sovereign credit. In the future, we will further deepen comprehensive reforms, continue to promote economic structural transformation, continuously enhance fiscal sustainability, accelerate the cultivation and growth of new high-quality productive forces, consolidate the foundation for stable economic operation, effectively address the uncertainties of the external environment with certainty for sustainable and healthy economic and social development, and contribute greater efforts to the recovery and prosperity of the world economy. We will continue to communicate with Moody's rating agency, continuously introducing the basic situation of China's macroeconomic sound operation.