China State Planner said on July 31 that the overall price level rose steadily in 1H, supporting corporate profits, fiscal revenue and employment and aiding economic circulation. Looking to H2, accelerating AI and other emerging industries, tightened capacity and output controls, improving market competition and sustained services consumption will support continued price recovery. On the supply side, summer grain output reached a record high, meat and egg production capacity remains stable, frui

China State Planner said on July 31 that the overall price level rose steadily in 1H, supporting corporate profits, fiscal revenue and employment and aiding economic circulation. Looking to H2, accelerating AI and other emerging industries, tightened capacity and output controls, improving market competition and sustained services consumption will support continued price recovery. On the supply side, summer grain output reached a record high, meat and egg production capacity remains stable, fruit and vegetable output is steady, and key consumer goods supplies are ample. Overall, prices are expected to remain stable in H2.