State Council Press Conference to Release July Economic Data: Key Highlights Preview

At 10:00 am today, the State Council Information Office will hold a press conference where officials from the National Bureau of Statistics (NBS) will present China's July economic performance and take questions. What's the current scene? What are the media's main focuses?

CCTV reporter Song Wan: What are the key topics drawing attention from domestic and foreign journalists at today's press conference? First, media are highly interested in China's overall economic performance in July. Last month, the NBS released first-half economic data here, with officials noting that the national economy had overcome challenges to achieve stable, quality growth. Whether this positive trend continued in July is a major focus.

Additionally, we've observed that the Political Bureau meeting in late July analyzed current economic conditions and outlined second-half work priorities. The meeting detailed plans to successfully conclude the 14th Five-Year Plan and launch the 15th Five-Year Plan, emphasizing stabilized employment, enterprises, markets, and expectations through sustained and timely macroeconomic policies. How these stabilization measures will shape China's economic trajectory and what forecasts the NBS provides are other hot topics.

Song Wan: New developments in July's domestic consumption market are another media focus. Since this year, China has vigorously stimulated consumption and expanded domestic demand across sectors. The effectiveness of these consumption-boosting policies is something journalists hope officials will analyze.

Song Wan: We note the Political Bureau meeting also highlighted cultivating new growth points in service consumption while expanding goods consumption. Media are equally interested in how China will expand consumption demand through improved livelihoods in the next phase, and what projections officials might offer about future consumption trends.