Fu Linghui, spokesman of the National Bureau of Statistics, said that from the perspective of the next stage, the impact of international imports will continue, domestic market demand is still recovering, and the short-term decline in the prices of some industrial products will continue.

China's producer price index (PPI), which measures costs for goods at the factory gate, was down 0.8% year on year and 0.4% month on month in January, the National Bureau of Statistics said.