Citic Securities clearly: the economic month-on-month momentum or U-shaped macro policy in the second half of the year is expected to be further strengthened.

FAP, May 30 / PRNewswire-FirstCall-Asianet /-- the chief economist of CITIC Securities said in a speech at the 2023 Capital Market Forum of CITIC Securities that the economic momentum of month-on-month may be U-shaped. After a pulsating economic recovery at the beginning of the year, it may enter a short plateau. Restoring and expanding demand is the key. In the second half of the year, macro policies are expected to be further strengthened, superimposed by the spontaneous repair of the endogenous momentum of the economy, and the economy is expected to pick up again by the end of the year. (Gao Yanyun, reporter of the Financial Associated Press)