Chinese Premier Li Qiang has called for intensified efforts to consolidate the nation's economic recovery and achieve annual development targets, emphasizing strategic measures to address global uncertainties while maintaining domestic stability. The remarks came during the ninth plenary meeting of the State Council on Monday, where Li outlined a multi-pronged approach to sustain growth momentum.
Li stressed the importance of implementing macroeconomic policies with precision, particularly through boosting domestic consumption and removing systemic barriers in consumer markets. 'We must systematically eliminate restrictive measures and accelerate new growth drivers like services consumption and digital innovation,' he stated, highlighting opportunities in China's evolving consumer landscape.
The premier addressed critical sectors including property market stabilization, urging 'steady promotion of high-standard opening up' while advancing technological integration with industrial innovation. Employment stability and social welfare protections were underscored as key priorities, with additional focus on workplace safety and disaster preparedness systems.
Analysts suggest these directives aim to balance short-term economic pressures with long-term structural reforms. The emphasis on both domestic market vitality and international cooperation reflects China's strategy to leverage its economic scale as a buffer against global volatility, particularly relevant for businesses and investors monitoring Asia's largest economy.
