China Monetary Policy Implementation Report: Prices are expected to recover moderately in 2024. China is in a critical period of economic recovery and industrial transformation and upgrading.
Supply and demand conditions expected to continue to improve, monetary conditions are reasonable and appropriate, residents' expectations are stable, and there is no basis for long-term deflation or inflation. The report also believes that China’s economy is expected to pick up further in 2024, as investment continues to increase and consumption willingness continues to rebound. The launch of a new round of economic and trade dialogue between China and the United States will help promote the healthy and stable development of bilateral economic andtrade relations.