National Development And Reform Commission: There Is No So-Called Deflation In China’s Economy, And There Will Be No Deflation In The Future

Cong Liang, deputy director of the National Development and Reform Commission, said at a press conference that commodity prices have still been running at low levels this year and need to be paid attention to. However, judging from factors such as price levels, demand recovery, economic growth, and money supply comprehensively, there is no so-called deflation in the Chinese economy, and there will be no deflation in the future.