TingHu♪
TingHu♪|Mar 06, 2026 12:21
The 2026 Two Sessions explicitly addressed the issue of preventing and resolving deflation, with stronger measures and more direct wording than before. For the first time, phrases like 'guiding the overall price level from negative to positive' or 'returning to the positive range' were included in the annual policy tasks. A clear commitment was made to push the overall price level out of the deflation shadow of recent years and achieve a reasonable and moderate rebound. Now that oil prices have risen again, related prices will definitely follow suit, and pork might be coming out of the bottom of its cycle.
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