• It will continue to implement a prudent monetary policy
• Adjusts and optimizes ownership policies in due course
• It will keep the yuan exchange rate essentially stable
• The external environment is complex and demanding
• It will actively expand domestic demand conditions
• To also increase the consumption of household products, promote tourism
• It stabilizes trade and foreign investment, revives the capital market and strengthens investor confidence

It’s safe to say that the post-Covid recovery has not gone according to plan in China. In fact, it was quite the opposite, as domestic demand basically kind of died. This has been a real problem in recent months and local authorities are constantly trying to do something about it.

However, their measures have not yet really taken off. We’ll see what Si Si has up her sleeve next, but keep all of this in mind as you monitor the Chinese economy and its policy moves for the rest of the year.