"SMM Steel Market Morning News: November LPR Quote Released: 1-year and 5-year Interest Rates Both Maintained Unchanged

An article on the front page of People's Daily pointed out that the short-term fluctuations of some economic indicators have caused concerns about the prospects of China's economic development, including various negative opinions about China. It is important to understand the overall trend of China's economy. Although the increase or decrease of economic indicators is important, they should not be blindly followed by short-term fluctuations. Instead, one should have historical patience and strategic determination, maintain confidence and a calm mind, and look at issues with a comprehensive, dialectical, and long-term perspective. It is important to see not only the 'form' in the short term, but also the 'trend' in the long term, and to look at not only the 'quantity' of growth, but also the 'quality' of development, to see through a percentage point of GDP growth and understand the overall logic of China's high-quality economic development."