金色财经|May 18, 2026 02:41
[National Bureau of Statistics: China's macro policy toolbox is well-equipped, with ample room for both cross-cyclical and counter-cyclical adjustments]
Golden Finance reported on May 18 that Wang Guanhua, spokesperson for the National Bureau of Statistics and Deputy Director-General of the Department of Comprehensive Statistics of the National Economy, stated at a press conference held by the State Council Information Office on May 18 that, overall, China's macro policy toolbox is well-equipped, with ample room for both cross-cyclical and counter-cyclical adjustments. The precision and effectiveness of policy implementation continue to improve, and there are conditions and capabilities to address risks and challenges. At the same time, it should be noted that there are still some new situations and persistent issues in the current economic operation, such as the deepening impact of changes in the external environment, prominent contradictions between strong supply and weak demand domestically, and operational difficulties faced by certain industries and enterprises. Moving forward, macro policies must be fully utilized and effectively implemented, with targeted measures and precise efforts to enhance the endogenous momentum of economic development. (Xinhua Finance)
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