On May 31, Zhang Liqun, a special analyst of China Federation of Logistics and Purchasing and a researcher of theMacroeconomicResearch Department of the Development Research Center of the State Council, said when interpreting the PMI data for May, the PMI index rebounded in May, indicating that the impact of the epidemic has weakened significantly, and growth has been stabilized and people'slivelihoodshave been protected. A number of policy effects have begun to emerge.
Zhang Liqun said that the production index rebounded sharply in May, indicating that the efforts to respond to the impact of the epidemic and resume work and production in an all-round way were effective.It should also be noted that pressures such as demand contraction and supply shocks are still severe, and the impact of the epidemic oneconomicgrowth cannot be underestimated.It is necessary to further carefully coordinate the overall situation of preventing and controlling the epidemic, stabilizing growth, and protecting people's livelihood, and effectively respond to the triple pressure with greater strength, so as to release China's economic growth potential as soon as possible, and continuously enhance the momentum of China's economic recovery.
Source: ChinaSecuritiesJournal · China Securities Network Author: Zhang Diange
