In 2022，Beijing economy showed a trend of “steady start，deep decline and weak recovery”，with a year-on-year growth of 0.7%. From the perspective of consumption，it has not yet returned to the pre-epidemic level and is generally lower than the national level. The potential of service consumption needs to be released. From the perspective of investment，manufacturing and real estate are generally better than the national level，but needs to expand new space. From the perspective of industry，the three high-end manufacturing industries of electronics，automobiles and pharmaceuticals and the three modern service industries of finance，information and technology are in an overall decline. Looking forward to 2023，the risk of world recession will rise significantly，and the foundation for domestic economic recovery and development is not yet stable. Beijing will continue to introduce policies to stabilize the economy and promote recovery，consolidate the “three high”，improve the “three basic”，and implement the “three policies”. The development momentum of high-end manufacturing industry is expected to be fully enhanced，the competitiveness of the “Beijing service” brand is further consolidated and enhanced. Stabilize the fundamentals of economic growth and expand the potential space for economic growth. The economy is expected to grow by around 5% for the year.