numbers record achievements, struggle shapes history, and sweat reveals the future. the national bureau of statistics released economic and social development data for 2022, showing that china's gdp exceeded 121 trillion yuan, prices remained generally stable, 12.06 million new urban jobs were created, and the total volume of imports and exports of goods exceeded 40 trillion yuan for the first time. in the face of a complex and grim environment at home and abroad, the chinese economy has overcome one difficult challenge after another and risen to a new level despite pressure. to achieve the goals and tasks for economic and social development by 2023, we must persevere, work harder and make even greater efforts.
the year 2022 will be an extremely important year in the history of our party and country. at present, our economy has survived the most difficult time, economic and social life in all areas of recovery is speeding up, economic vitality will be effectively released. development is more solid, momentum is gathering, policies are continuing to exert force, reform is deepening, and expectations are gradually improving. the chinese economy is expected to pick up overall this year. we have the confidence, conditions and ability to promote the overall improvement of economic performance and achieve effective qualitative improvement and reasonable quantitative growth.
correctly judging the situation is an important prerequisite for planning the future and making scientific decisions. in the decade of the new era, china's economic strength has made a historic leap, accounting for 18.5% of the world economy and 30% of the global manufacturing industry, making it an important hub for global manufacturing. over the past five years, china's economy has grown at an average annual rate of over 5%, strategic emerging industries have grown stronger, food security, energy security and people's livelihood have been effectively ensured, and china's development has reached a new and higher starting point. having overcome many obstacles and traversed many mountains, the chinese economy is resilient, full of potential and full of vitality. the fundamentals for long-term sound growth remain unchanged. we must act along the trend, build on it, promote high-quality development, and strengthen our capacity to ward off risks, meet challenges, and resist oppression.
for an economy the size of china, keeping it on an even keel is crucial. at the end of the year, economic performance showed a more positive trend, and market activities steadily released their potential and regained vitality as the epidemic prevention and control entered a new stage. it should be noted that the foundation for economic recovery is not yet solid, and insufficient aggregate demand is a prominent problem facing the economy and the most immediate difficulty facing market entities. we should proceed from the overall strategic situation and start with improving social psychological expectations and boosting confidence in development. we should combine the strategy of expanding domestic demand with deepening supply-side structural reform and keep the economy operating within a proper range.
winter does not wither, highlighting the toughness potential; the spring breeze is blowing, bringing vitality to bloom. over the past year, we intensified macro-control, worked hard to stabilize the expectations of market entities and ensure employment. our policies of tax and fee cuts and slow rebates for social security projects have been heartening, benefiting hundreds of millions of market entities. to further activate development potential, we need to improve the macro policy framework this year, maintain stability and seek progress while maintaining stability, continue to implement a proactive fiscal policy and a prudent monetary policy, give full play to the basic role of consumption and the key role of investment, and strive to achieve the optimal policy mix and maximize the overall effect of macro regulation. adhere to the concept of system, strengthen coordination and cooperation, implement the "five major policies"; by upholding integrity and innovation, achieving overall balance, implementing the "six plans" and forming synergy for high-quality development, we will surely make a good start in building a modern socialist country in all respects.
new journey, new atmosphere, new action. to a more magnificent voyage.
source: state-owned assets supervision and administration commission of the state council