PANews
PANews|Apr 27, 2026 10:49
[Ministry of Finance: Appreciates Moody's Decision to Maintain China's Sovereign Credit Rating and Upgrade Outlook to 'Stable'] According to the official website of the Ministry of Finance, Moody's Investors Service has maintained China's sovereign credit rating at 'A1' and upgraded the outlook from the previous level to 'Stable.' A relevant official from the Ministry of Finance stated that this decision reflects Moody's recognition of the resilience of China's macroeconomic and fiscal strength, as well as the momentum of high-quality economic development. Over the past five years, China's GDP has increased by more than 35 trillion yuan, with an average annual growth rate of 5.4% during the 14th Five-Year Plan period, contributing approximately 30% to global economic growth. In the first quarter of 2026, China's GDP grew by 5% year-on-year. The Ministry of Finance noted that China will continue to promote economic structural transformation and enhance fiscal sustainability through macroeconomic regulation and comprehensive deepening of reforms, while maintaining communication with Moody's.
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