Balance stable growth with prices to ensure economic recovery

In the face of the COVID-19 pandemic, international geopolitical conflicts and other factors, China's price trend in the second half of this year deserves attention.

With the fall of international oil prices, the rising prices of pork, vegetables and other food products have become a main driver of the rise in China's consumer price index, although prices of services still stay at a low level.

Data show that China's breeding stock has increased for two consecutive months, which, together with measures such as releasing pork reserves to the market, means that even if there is some room for pork prices to rise in the second half of the year, the scope will be relatively limited.