China’s NDRC: relies on minimizing uncertainty and the negative impact of external shocks

The National Development and Reform Commission (NDRC), China’s state planner, said Thursday that they are “confident in minimizing the uncertainty and negative impact of external shocks.”

Additional conclusions

The external environment becomes more complex and uncertain, raising challenges for the growth of global trade.

China observes an improvement in the supply and demand of electricity in summer compared to the previous year.

The Chinese economy remains stable throughout the year.

With the implementation and introduction of policies, we are confident and trained to minimize the adverse impacts of external shocks.

The third lot of trade subsidies for consumer goods will be issued in July.

Source: Fx Street

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