China is confident and capable of realizing steady, sound and sustainable economic development in the face of a grave and complex external environment, an official with the National Development and Reform Commission (NDRC) said recently.

Although China is faced with "triple pressure" – shrinking demand, supply shocks and weakening expectations, there are still some positive conditions that support China's development, Xinhua reported on Saturday, quoting an official from China's top planner NDRC without specifying the name.

China's economic resilience, massive potential, bright prospects, and long-term sound growth trend remain unchanged, the official said, noting China's growing national power and comprehensive industrial system improved the country's capacity to tackle with risks and challenges.

Meanwhile, strong domestic market and potential of consumption growth, as well as urbanization, will be driving forces for further growth, the official said.

China's energy supply has seen marked improvements with increasing coal production capacities and declining prices, the official said, adding that its potential for consumption growth remains massive, and the emerging industries are booming.

In terms of policy support, there are still room for macro-policies and tools to keep the economy stable, the official said.

To cope with risks, China will maintain prudent and effective macro policies, enhance policy coordination and firmly implement the strategy of expanding domestic demand, the official said.

(With input from Xinhua)