National Bureau of Statistics: China's supply capacity for commodities and services remains sufficient, and the foundation for maintaining price stability has not changed

People’s Financial News, March 16 — The State Council Information Office held a press conference at 10 a.m. on March 16. Fu Linghui, spokesperson for the National Bureau of Statistics, Chief Economist, and Director of the Department of Comprehensive Statistics on the National Economy, stated that consumer prices are reasonably rebounding, which is beneficial for improving business operations, promoting employment and income for residents, and supporting economic circulation. Looking ahead, despite recent fluctuations in international energy prices that have had some imported impact on domestic prices, China’s supply capacity for goods and services remains sufficient, and the foundation for maintaining price stability has not changed. With the implementation of more proactive macroeconomic policies, continued expansion of domestic demand, optimization of supply, development of income-increasing plans for urban and rural residents, cultivation of new consumption scenarios, and further improvement of the consumption environment, the trend of price stabilization is expected to continue improving.