China's May Economy Remains Stable Overall, Government Strengthens Counter-Cyclical Measures

According to China's National Bureau of Statistics, the country's economy maintained overall stability in May, with sustained resilience, though external conditions have become more complex and volatile. The bureau highlighted a prominent supply-demand imbalance, with strong supply but weak demand, and noted that some enterprises face increased operational pressure. Going forward, authorities will strengthen counter-cyclical and cross-cyclical adjustments, expand domestic demand, and focus on stabilizing employment, enterprises, markets, and market expectations to achieve quality economic growth.
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