Sheng Laiyun, deputy director of the National Bureau of Statistics, said at the press conference of the State Information Office that the current trend of low commodity prices should be viewed comprehensively and accurately. Both CPI and PPI have been running at low prices in the past two years. This is not only a result of complex changes in the macro situation, but also the impact of the transformation and development of the Chinese economy and the transformation of old and new kinetic energy.

Sheng Laiyun, deputy director of the National Bureau of Statistics, said at the press conference of the State Information Office that the current trend of low commodity prices should be viewed comprehensively and accurately. Both CPI and PPI have been running at low prices in the past two years. This is not only a result of complex changes in the macro situation, but also the impact of the transformation and development of the Chinese economy and the transformation of old and new kinetic energy.