The central bank lowered interest rates to stimulate the economy.
中央银行降低利率以刺激经济增长。
Gross Domestic Product (GDP) is the primary measure of a country's economic health.
国内生产总值（GDP）是衡量一个国家经济健康状况的主要指标。
Inflation occurs when prices rise consistently over time, eroding purchasing power.
通货膨胀是指价格持续上涨，削弱了购买力。
Fiscal policy involves government spending and taxation to influence macroeconomic variables.
财政政策涉及政府支出和税收来影响宏观经济变量。
Unemployment rate is a key indicator of the labor market's performance.
失业率是劳动力市场表现的关键指标。
The trade deficit reflects a country's inability to meet its imports with exports.
贸易赤字反映了一个国家无法用出口满足进口的情况。
Monetary policy is conducted by a central bank to manage money supply and interest rates.
货币政策由中央银行执行，以管理货币供应和利率。
A recession is a significant decline in economic activity lasting more than six months.
衰退是指经济活动持续六个月以上的大幅度下降。
Aggregate demand refers to the total quantity of goods and services consumers and businesses want to buy at a given price level.
总需求是指消费者和企业在给定价格水平下想要购买的商品和服务总量。
International trade affects macroeconomic stability through imports, exports, and exchange rates.
国际贸易通过进口、出口和汇率影响宏观经济稳定性。
Sergio Rossi, a professor of macroeconomics and monetary economics at the University of Fribourg in Switzerland, said the LNG deal with the UAE showed that oil exporting countries are keen on using currencies such as the yuan, rather than the dollar, at the international level.
Hu Yifan, head of macroeconomics for Asia-Pacific at UBS Global Wealth Management, said investments in such high-tech sectors as microchips, new materials, high-end equipment, robotics and artificial intelligence will likely register resilient growth this year, helping the country's annual GDP growth rebound to about 5 percent from 3 percent in 2022.
"Macroeconomics and climate are important aspects that influence the growth of electricity consumption.
Hu Yifan, regional chief investment officer and head of macroeconomics for Asia-Pacific at UBS Global Wealth Management, said the Swiss wealth manager forecasts that China's year-on-year retail sales growth may rally from about 1 percent last year to at least 5 percent this year as economic activity returns to normal from COVID-19 and creates more offline consumption.
Hu Yifan, regional chief investment officer and head of macroeconomics for Asia-Pacific at UBS Global Wealth Management, said the Swiss wealth manager remains neutral on China's stock market despite the country's improving growth prospects.
Addressing the same event, China Merchants Group Chairman Miao Jianmin said variables such as macroeconomics, geopolitics, the COVID-19 pandemic and supply chain restructuring have greatly increased the difficulty of controlling the shipping market's current operating rhythm.
Feng Mohan, a macroeconomics researcher at Beijing FOST Economic Consulting Co Ltd, said the rise in July CPI was mainly driven by food price gains, which was largely due to rising pork prices.
Yin Yue, a macroeconomics analyst at Shanghai-listed Hongta Securities, agreed that inflation will not put much pressure on China's monetary easing, especially considering the relatively low core CPI level and the slowdown in PPI growth.
Looking ahead, Feng Mohan, a macroeconomics researcher at Beijing FOST Economic Consulting Co Ltd, said he will not rule out the possibility that the PPI will decline in the second half amid weakening global demand, a gloomy global outlook and a high base effect from the previous year.
Gao Ming, who analyses macroeconomics at China Merchants Securities, said maintaining its attraction for foreign investment is of long-term significance for the nation's economic growth, especially in the manufacturing sector.
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