Financial Times: The key to promoting a reasonable rise in prices lies in expanding effective demand.

Prices are closely related to the lives of residents and the production and operation of enterprises, and are important variables that countries pay attention to in macroeconomic regulation. Recently, the People's Bank of China released the "First Quarter of 2025 China Monetary Policy Execution Report" in the column "Real Economy Supply and Demand Relationship and Price Changes", which detailed the real economy supply and demand relationship and price changes, and clarified the train of thought for the next stage. Analysis suggests that promoting a reasonable price increase requires pushing for economic supply-demand balance, with the key being to expand effective demand. For the next stage of regulation, analysts believe that government price management should shift from encouraging enterprises to "trade quantity for price" to guiding enterprises to "emphasize quality", and enterprises should find the right direction for operation, explore diversified competition strategies such as technological innovation, brand building, service quality, and market segmentation.