Home>>
China not to face deflation: spokesperson
(Xinhua) 13:11, November 15, 2023
BEIJING, Nov. 15 (Xinhua) -- China will not face deflation and the price situation will gradually improve, said a spokesperson for the National Bureau of Statistics on Wednesday.
China's economy has maintained a recovery trend and the demand for goods and services has continued to improve, said Liu Aihua at a press conference.
China's broad money supply has maintained relatively fast growth, and market liquidity is generally reasonable and ample, Liu added.
Based on these factors, the price situation is expected to improve in the next stage gradually, and there will be no deflation, said Liu.
(Web editor: Xian Jiangnan, Liang Jun)
Photos
Related Stories
- Global investors should eye opportunities in China, says Citadel founder
- China’s senior officials vow to have intensified regulations to prevent financial risks as FSF kicks off in Beijing
- Central bank to take steps to bolster economy
- HSBC: MNCs to further expand in China market
- IMF ups its forecast on China's economic growth
About People's Daily Online | Join Us | Contact Us
Copyright © 2023 People's Daily Online. All Rights Reserved.
Copyright © 2023 People's Daily Online. All Rights Reserved.