中国经济不靠奇迹，只靠真本事

Core Viewpoint - The recent economic data from China's National Bureau of Statistics demonstrates resilience in the face of external pressures and internal challenges, indicating that the economy is not only stable but also progressing steadily [1][3][9] Economic Stability - China's GDP growth rate remains stable within a reasonable range, with manufacturing PMI returning to expansion, and social consumption rebounding [1][4] - The economy is characterized by a strong internal market, supported by 1.4 billion people, and a robust manufacturing sector [6][9] Structural Transformation - Emerging industries are growing at a faster pace than traditional sectors, with significant contributions from equipment manufacturing, digital economy, renewable energy, artificial intelligence, and life sciences [4][6] - The shift from "capacity-driven" to "innovation-driven" growth reflects a deeper structural change in the economy, focusing on quality rather than quantity [4][6] Resilience and Adaptation - Despite external fluctuations in orders and internal consumption challenges, China continues to find ways to buffer against downturns through stable infrastructure investment and a recovering private sector [6][7] - The economy's resilience is attributed to a strong internal circulation potential and the creativity of its workforce [6][9] Global Positioning - China's foreign trade structure is optimizing, with new growth points emerging in regions such as ASEAN, Africa, the Middle East, and Latin America [6][9] - The share of high-tech manufacturing exports is increasing, particularly in sectors like new energy vehicles, batteries, and solar panels [6][9] Employment and Social Stability - Employment levels are increasing despite pressures, with urban unemployment rates remaining stable and limited price fluctuations [7][9] - The focus on food security, social welfare, and disaster prevention systems contributes to the overall stability of the economy [7] Conclusion - The narrative surrounding China's economy is one of strength and perseverance, countering external pessimism with tangible results and a commitment to sustainable growth [9]