china's economy is in good shape on the whole. we managed to maintain steady and relatively fast economic growth in XX despite two unexpected massive natural disasters. our gdp grew by 9 percent. cpi was basically stable. we had a good grain harvest for the fifth consecutive year, with a total output of 528.5 million tons. eleven million and one hundred and thirty thousand new jobs were created in cities and towns. household income in both urban and rural areas continued to rise. the financial system functioned well and the banking system kept its liquidity and credit asset quality at a healthy level. when china, a large developing country, runs its affairs well, it can help restore confidence in global economic growth and curb the spread of the international financial crisis. it will also help increase china's imports and outbound investment, boost world economic growth and create more development and job opportunities for other countries. steady and fast growth of china's economy is in itself an important contribution to global financial stability and world economic growth.