Regarding the impact of the Russian-Ukrainian conflict on China's economy, on March 15, Fu Linghui, a spokesman for the National Bureau of Statistics, pointed out at a press conference that, in terms of direct impact, Russia and Ukraine accounted for the largest share of China's import and export trade. Relatively small, the direct impact is limited.

Of course, due to geopolitical changes, the impact on global commodity prices is still relatively obvious, and the pressure of domestic imported inflation may increase.

Despite these problems, we must also see that we still have many favorable conditions to ensure domestic energy supply.

Since the fourth quarter of last year, efforts have continued to increase the supply and price of bulk commodities, and domestic energy supply has steadily increased.

Judging from the situation from January to February this year, the output of raw coal increased by 10.3% year-on-year, and the power generation increased by 4%, which was a significant improvement over December last year.

These are conducive to the stable operation of the economy.

In the next stage, as all localities continue to adhere to the principle of stability at the forefront, seek progress while maintaining stability, and increase the guarantee of economic operation, external influences can be controlled within a limited range.

(Zhou Jing produced by Chi Hanyu)

Responsible editor: [Yu Xiao]