China has built a solid foundation to ensure the steady and positive development of its economy, said a spokeswoman of the National Bureau of Statistics (NBS) on Monday.
The country's posted a steady recovery in the first four months of 2026, with key indicators rebounding and new growth drivers gaining momentum as macroeconomic policies continued to take effect, according to data released by the NBS.
Wang Guanhua, the spokeswoman, said at a press conference that new drivers and advantages for China's economic development continue to be cultivated and strengthened currently.
In the first four months of this year, the proportion of equipment manufacturing in the value added of industrial enterprises above designated size rose to 35.7 percent, contributing more than 50 percent to the growth of industrial enterprises above designated size. From a monthly perspective, the growth rate has been accelerating, and the contribution rate has been increasing, she said.
"For instance, digital economy and artificial intelligence have demonstrated a strong spillover driving force. In addition to directly driving production in industries such as electronics and investment in areas like computing power construction and servers, they have also driven the coordinated growth of industries such as chemicals and electricity that provide raw materials and basic energy guarantees along the industrial chain," she said.
"In addition, China's green and low-carbon industries are also booming. The consumer market has expanded from commodity consumption to service consumption, and upgraded from meeting basic needs to pursuing quality experiences. Emerging fields such as high-end equipment, green energy, and intelligent manufacturing continue to draw investment and expand production," the spokeswoman said.
China holds conditions to maintain economy's steady, positive development: official
