China on Monday reiterated its commitment to closely monitor changes in domestic and global economic conditions, dynamically refine its policy toolkit, and roll out measures to keep its employment and economic performance stable and promote high-quality development. The country aims to leverage the certainty of high-quality development to navigate the uncertainties arising from a rapidly shifting external environment.

At a press conference on Monday, Chinese officials detailed the new measures across five key areas: supporting employment, keeping foreign trade stable, promoting consumption, expanding effective investment, and fostering a sound environment for stable development, according to the Xinhua News Agency.

"In terms of supporting employment, the measures mainly include encouraging companies to actively stabilize their workforce, strengthening vocational skills training, expanding support for work-relief programs, and improving public employment services," Zhao Chenxin, deputy head of the National Development and Reform Commission, told the press conference.

To steady foreign trade growth, key measures include offering targeted support to help exporters manage risks, promoting the overseas expansion of service products, and encouraging foreign-invested companies to reinvest in China.

On the consumption front, measures will be introduced to boost service consumption, enhance eldercare for seniors with disabilities, stimulate auto sales, and promote skills-based wage distribution, Zhao said.

Efforts to expand effective investment will focus on improving consumption-related infrastructure, galvanizing private investment, and introducing new policy-based financial instruments. While in terms of creating a favorable environment for stable development, China will continue to keep the capital markets stable and active, consolidate the stable development of the real estate market, and increase financial support for the real economy, Zhao noted.

The measures followed a meeting held by the Political Bureau of the Communist Party of China Central Committee on Friday vowing to coordinate domestic economic work with efforts to address international economic and trade frictions, and to remain firmly focused on managing the country's own affairs well.

Zhao said China's economy grew by 5.4 percent year-on-year in the first quarter. Such growth highlighted the strong resilience and vitality of China's economy, especially as certain countries have gone against the global trend, recklessly imposing tariffs that harm the legitimate rights of China and others, disrupting the multilateral trading system and global economic order.

Since the beginning of this year, the vitality and resilience of China's economy have been evident across multiple sectors. For example, the Civil Aviation Administration of China said during the upcoming five-day May Day holiday starting May 1, air passenger trips are expected to reach approximately 10.75 million, potentially setting a new record. Meanwhile, breakthroughs in domestic AI models, such as those by DeepSeek, have garnered global attention.

Also, Chinese-made smart cameras, along with products influenced by the Chinese cultural trend and related derivatives, have become hugely popular both domestically and internationally.

On April 22, the launch of the Insta360 X5 panoramic camera by a Chinese tech firm sparked a buying frenzy in New York, with some people arriving as early as 3 am to line up, Securities Times reported.

US consumers are also queuing overnight at Chinese toy company Pop Mart stores to buy limited numbers of collectible dolls. "Although the toys carry price tags that can be 60 percent more expensive in the US than in China - even before US President Donald Trump's tariffs took effect - American consumers are willing to pay," Forbes reported on Monday.

Enhancing certainty

The country's macroeconomic policy toolkit remains relatively ample, allowing for a well-managed response to the tariff war initiated by the US recently, Li Changan, a professor at the Academy of China Open Economy Studies at the University of International Business and Economics, told the Global Times on Monday.

China has stepped up efforts to leverage the certainty of high-quality development to navigate the uncertainties arising from a rapidly shifting external environment. With ongoing policy support, China's industries and markets have remained stable and resilient, even as external risks continue to accumulate, analysts said.

For instance, in the first quarter of this year, the employment situation remained generally stable, with 3.08 million new urban jobs created, an increase of 50,000 compared with the same period last year, Yu Jiadong, vice minister of human resources and social security, said at the press conference.

"Our employment policy toolkit is also well-stocked, with measures in place to encourage businesses to absorb more workers, support job retention and expansion, promote skill development, and assist with employment and entrepreneurship. These policies will be rolled out promptly in response to changing circumstances," Yu said.

Employment is the cornerstone of people's livelihoods. "By stabilizing employment, we can boost income, which in turn promotes consumption. This is a key focus and primary line of macroeconomic policy at present," Li said.

The country's financial system also remains stable. The exchange rate of the yuan against the US dollar is around 7.3, Zou Lan, deputy governor of the People's Bank of China, told the press conference.

In response to questions about the potential impact of the recent decline in US Treasury yields on the returns of China's dollar-denominated assets, Zou said China's foreign exchange reserves are diversified across a range of investment portfolios. As a result, the impact of fluctuations in any single market or asset on the reserves is generally limited.

"Recently, the US market has faced a 'triple hit' with declines in stocks, bonds, and the exchange rate. However, the situation in China has been quite different,'' Lu Ting, an economist with Nomura, told the Global Times on Monday.

Amid the US tariff threats, Chinese regulators quickly stepped in to stabilize the stock market, and the exchange rate gradually stabilized as well. During this period, China's policy execution has been highly effective, Lu said.

The achievements in the first quarter have laid a solid foundation for the country's economic development throughout the year. With ample policy reserves and sufficient policy room, China is fully confident it will achieve this year's economic and social development goals despite challenges, Zhao said.

The country will intensify efforts to ensure the full effect of existing policies, including special campaigns to boost consumption and effectively utilize the 5-trillion-yuan ($694 billion) investment funds at the national level, Zhao said, adding that most of these policies will take effect in the second quarter.