BEIJING -- Moody's recent decision to reaffirm China's A1 credit rating serves as a testament to the improving outlook for the nation's economy, according to the Chinese Ministry of Finance. This affirmation comes at a time when the global landscape is fraught with uncertainties.

Since the fourth quarter of the previous year, the Chinese government has enacted a range of macroeconomic policies aimed at bolstering economic performance. As a result, key economic indicators have shown signs of improvement, while market sentiment and investor confidence have stabilized. The ministry highlighted that the medium to long-term sustainability of China's debt situation has also seen enhancements.

The global economy currently grapples with various risks and challenges, including sluggish growth momentum and escalating geopolitical tensions. This turbulent backdrop complicates international trade and economic relations, leading to heightened uncertainty regarding global economic performance.

However, despite these external challenges, China appears to have maintained a strong economic momentum. The ministry reports that the country's economy is on a solid trajectory characterized by high-quality development. Indicators of production and consumption are steadily on the upswing, and overall economic operations are becoming increasingly stable and coordinated.

Moving ahead, the Chinese Ministry of Finance has expressed confidence that a blend of existing and new policy measures will synergistically provide robust support for continued high-quality economic development. The focus will remain on fostering domestic growth and enhancing resilience.

The ministry further underscored that irrespective of fluctuations in the external environment, China remains steadfast in its commitment to managing its own economic affairs effectively. This resolve indicates a broader strategy to pursue stability and growth amidst global uncertainties.