On August 17, Wang Guanhua, press spokesman of the National Bureau of Statistics and deputy director of the National Economic Comprehensive Statistics Department, said at the press conference of the State Information Office that whether prices can rise reasonably depends mainly on domestic demand conditions and the relationship between supply and demand. The Politburo meeting of the Central Committee emphasized “optimizing the implementation of fiscal and financial coordination policies to promote domestic demand” and “adapting the consumer needs of different groups to expand high-quality supply and tap the potential for service consumption.” Various departments in various regions are being implemented as soon as possible. In the next stage, various policies to expand domestic demand and promote consumption will be implemented one after another, the potential for service consumption will continue to be unleashed, and new products will be rapidly iterated to stimulate demand for new types of consumers. China's prices are expected to maintain a moderate upward trend in the second half of the year.

Zhitongcaijing · 2d ago
On August 17, Wang Guanhua, press spokesman of the National Bureau of Statistics and deputy director of the National Economic Comprehensive Statistics Department, said at the press conference of the State Information Office that whether prices can rise reasonably depends mainly on domestic demand conditions and the relationship between supply and demand. The Politburo meeting of the Central Committee emphasized “optimizing the implementation of fiscal and financial coordination policies to promote domestic demand” and “adapting the consumer needs of different groups to expand high-quality supply and tap the potential for service consumption.” Various departments in various regions are being implemented as soon as possible. In the next stage, various policies to expand domestic demand and promote consumption will be implemented one after another, the potential for service consumption will continue to be unleashed, and new products will be rapidly iterated to stimulate demand for new types of consumers. China's prices are expected to maintain a moderate upward trend in the second half of the year.