In May, macro policies continued to exert efforts to support the stable operation of the economy.

At the press conference held by the State Council today, the relevant person in charge of the National Bureau of Statistics stated that based on the relevant indicators in May, macroeconomic policies continue to exert force, promoting the expansion of demand, production growth, improvement of expectations, and release of vitality, providing important support for the stable operation of the economy. In terms of domestic demand, the policy of replacing old with new consumer goods and the continued driving effect of equipment renewal and transformation policies are evident.