Experts say that in the next stage, we should promote the improvement of supply and demand relations and drive prices to rebound reasonably.

Experts say that in June, the year-on-year CPI turned from a decrease to an increase, benefiting from the continued effectiveness of policies to expand domestic demand and promote consumption. In the next stage, we should continue to leverage the combined effects of macroeconomic policies, improve the supply-demand relationship, and promote a reasonable increase in prices. Feng Lin, Executive Director of Research and Development at Oriental Gold Trust, stated that in the face of the still complex and severe external environment, measures such as trade-ins to boost consumption are expected to be implemented more vigorously, providing important support for price formation. In the second half of the year, the rational increase in prices will become an important goal of macroeconomic policies, which will also create space for fiscal support for consumption and further interest rate cuts by the central bank.