China state planner official
✅ Believes china consumer growth still in reasonable range
✅ despite slower growth in official consumer spending data
✅ Says consumption data doesn’t fully reflect services spending
✅ Says china’s consumer spending growth may recover going forward as some one-off and seasonal issues subside
✅ External issues adding some market volatility, but domestic factors are main determinants of domestic prices
✅Can keep prices basically stable in h2
✅ Have ability to deal with external challenges to price stability