NBS spokesperson Wang Guanhua said at a State Council Information Office briefing that looking to H2, volatility in international commodity prices could disturb domestic prices, but China’s economy retains strong resilience, supplies of consumer goods are ample and the supply-and-price stabilization policy framework is effective. With ongoing consumption-support measures, services, upgraded and new consumption demand should release steadily, and consumer prices (CPI) are expected to continue a m

NBS spokesperson Wang Guanhua said at a State Council Information Office briefing that looking to H2, volatility in international commodity prices could disturb domestic prices, but China’s economy retains strong resilience, supplies of consumer goods are ample and the supply-and-price stabilization policy framework is effective. With ongoing consumption-support measures, services, upgraded and new consumption demand should release steadily, and consumer prices (CPI) are expected to continue a moderate upward trend.