Published on: 2026-04-27
Source: People’s Republic of China in Russian –
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Beijing, April 27 /Xinhua/ — On Monday, the Ministry of Finance of the PRC highly appreciated the decision of the international rating agency Moody’s to maintain China’s sovereign credit rating at the A1 level and to raise the outlook for it to “stable.”
As noted by the agency representative, the corresponding decision reflects Moody’s recognition of China’s high macroeconomic and financial stability amid external shocks, as well as new impulses and achievements in the high-quality development of the Chinese economy.
A representative of the ministry recalled that in the first quarter of the current year, China’s economy achieved a high growth rate of 5 percent, exceeding market expectations. As he pointed out, against the background of rapid changes in the global trade and economic environment, as well as continuously increasing geopolitical risks, the Chinese government is implementing a set of macroeconomic regulation measures and strengthening policy coordination.
According to the official, the Chinese economy is withstanding pressure and moving along the path of innovative growth and economic structure optimization, fully demonstrating the advantages of an ultra-large market, an integrated supply chain system, and high export competitiveness. He noted that it is precisely these factors that are fundamental for China’s sovereign credit rating.
“In the future, we will continue to comprehensively deepen reforms, consistently advance the transformation of the economic structure, steadfastly enhance financial stability, accelerate the cultivation and strengthening of a new quality of productive forces, and consolidate the foundation for the stable functioning of the economy,” promised the representative of the Ministry of Finance.
“China will effectively respond to the uncertainty of the external environment through the certainty of its own stable and healthy socio-economic development, making an even greater contribution to the recovery and prosperity of the global economy,” he added.
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