China's stats bureau spokesperson says there is still ample space for China to expand investment

Says:

  • Stronger employment and income growth needed to boost consumption.
  • China's economy continues to show stability in Q2, even as some data points soften.
  • China has ample policy space, reserves and flexible tools available to ensure stable economic growth.
  • China's foreign trade faces some pressure due to external uncertainties.
  • Will keep observing the impact of global energy prices on domestic inflation.
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