China/Fu: We are in a position to achieve inflation target of around 3%

China's National Bureau of Statistics spokesperson Fu Linghui said that despite some pressure, China is in a position to achieve its inflation target of around 3 percent for 2023. China's National Bureau of Statistics spokesperson Fu Linghui said in a statement that they will increase steps to support the stabilization of employment throughout the country, while emphasizing that they will continue to take measures to increase consumption. Pointing out that China's real estate market has shown some positive changes, Fu said they expect stability in the sector. In his statement, Fu also stated that they expect foreign demand to weaken this year, and said, "China's foreign trade is facing some challenges, but there are also some positive, supportive developments."