NDRC of China: Confident in minimizing the negative impacts of uncertainty and external shocks

Gate News bot reports that according to FXStreet, the National Development and Reform Commission (NDRC) of China stated on Thursday that they "are confident in minimizing the negative impacts of uncertainty and external shocks."

"The external environment has become more complex and uncertain, posing challenges to global trade growth. China's summer electricity supply and demand situation has improved compared to last year. China's economy remains stable throughout the year. With the implementation and introduction of policies, we are confident and capable of minimizing the adverse effects of external shocks. The third batch of subsidies for replacing old consumer goods will be issued in July," the National Development and Reform Commission of China pointed out.