China NBS spokesman (more): Will strengthen policy coordination

China National Bureau of Statistics (NBS) spokesman:

• Ability of foreign trade enterprises to develop market has increased, have strong adjustment capabilities during trade friction and fluctuations

• China has the conditions, ability and confidence to deal with various challenges

• Necessary to see that the current overall low prices will increase the pressure on enterprises and affect the income growth of residents

• Structural contradiction of employment is still prominent, and employment pressure on youth group is great.

• Will strengthen policy coordination and promote urban renewal and affordable housing construction, for stable and healthy development of real estate market

Earlier:

• China NBS spokesman (more): Foreign trade overcame difficulties, maintained steady growth
• China Stats spokesman: contribution of consumption to eco growth will continue to increase

• China Industrial Output April 2025 +6.1% y/y (expected 5.5%, prior +7.7%)
• Chinese officials say the economy is growing steadily in the face of pressure

This article was written by Eamonn Sheridan at www.forexlive.com.