Why is the Chinese economy so stable under external shocks? Let's start with two recent events - on May 19th, Huawei held a new product launch event, and the HarmonyOS computer equipped with the HarmonyOS operating system was officially released; One day later, Xiaomi Group announced that its independently developed and designed 3-nanometer process mobile phone processor chip, Xuan Jie O1, would be mass-produced on a large scale. Any form of containment and suppression has not and cannot disrupt the pace of China's independent innovation and development. It is precisely this confidence and self-reliance that enabled the Chinese economy to perform "beyond expectations" in April. In early April, the reporter visited Yiwu, Zhejiang, known as the "World Small Commodity Capital," for an interview and saw that the merchants here were busy creating brands and improving quality. Change the OEM model to an independent brand. Starting from this year, the "Yiwu Good Goods" brand will export its collection stores overseas in a whole store mode. In January, the world's first store of "Yiwu Good Goods" signed an order worth 120 million yuan on its first day of opening; In February, the first European store settled in Venice, Italy... In just a few months, "Yiwu Good Goods" has helped more than 190 Yiwu brands increase their performance by more than 100 million yuan, with 11 cooperating countries. The diversified layout is naturally not afraid of unilateralism challenges. Many Yiwu foreign trade enterprises are actively innovating and extending their industrial chains to enhance their competitiveness. The words of a merchant in Yiwu are very representative: "If the product is good and the market is wide, there is no fear of change." It is the endogenous driving force of each business entity that accumulates the sustained improvement of the overall economy. In April, the total import and export volume of goods in China increased by 5.6% year-on-year, of which exports increased by 9.3% year-on-year. From the perspective of export products, the market competitiveness of high-tech electromechanical products is constantly increasing. In the first four months, China's exports of mechanical and electrical products increased by 9.5% year-on-year. From the perspective of business entities, private foreign trade enterprises effectively respond to external shocks through market diversification strategies and other means. In the first four months, the import and export of private enterprises increased by 6.8% year-on-year. Of course, a country's imports and exports do not exist in isolation. The rapid growth of exports in April was driven by the overall strength leap brought about by China's high-quality economic development. For example, China is a super large scale economy, with its manufacturing industry ranking first in the world for 15 consecutive years and its consumer market ranking among the top in the world. It has good growth potential, which determines that China has a strong ability to cope with various risks and challenges. For example, China firmly promotes economic structural adjustment and the transformation of old and new driving forces, develops new quality productive forces according to local conditions, accelerates the construction of a new development pattern, continuously strengthens the domestic circulation, firmly grasps the initiative of development, and provides important guarantees for responding to rapid changes in the external environment. For example, China has increased its macroeconomic regulation efforts. On September 26 last year, the Political Bureau of the Central Committee of the Communist Party of China decisively deployed a package of incremental policies, and the economic operation throughout the year showed a trend of high, medium, and low, and then rising. The Central Economic Work Conference at the end of last year, the National People's Congress and Chinese People's Political Consultative Conference this year, and the Politburo meeting of the CPC Central Committee held on April 25th have successively made arrangements to do a good job in economic work, maintaining policy continuity, focusing on stabilizing employment, enterprises, markets, and expectations, and playing an important role in promoting sustained economic recovery and improvement. Reducing reserve requirement ratios and interest rates, accelerating the integration of domestic and foreign trade, and increasing the pilot policies for opening up the service industry... It can be foreseen that with the effective implementation of new incremental policies, the Chinese economy is fully equipped, capable, and confident to cope with various risks and challenges. The impressive performance of an economy in adversity reflects its true strength and enhances its confidence and determination to achieve expected growth goals. Recently, international institutions have raised their expectations for the Chinese economy. Many multinational executives believe that China has become synonymous with "certainty". The Chinese economy has always grown and strengthened in storms and hardships. In the future, there will still be many unstable, uncertain, and unpredictable factors in the international environment, but practice has proven and will continue to prove that China's economic recovery has a foundation, policies are guaranteed, consumption has potential, and innovation has momentum. The development prospects of China are bright, and we have the confidence and confidence to do so. ”(New Society)