Chinese Premier Li Qiang met with top economic experts and entrepreneurs on Wednesday to strategize on boosting the country’s economy. Amidst global uncertainties, Li emphasized the need for proactive policies and innovation to keep China’s growth on track.
Despite facing difficulties from changes in the external environment, attendees at the symposium highlighted that the Chinese economy still holds multiple strengths, with strong resilience and immense potential. They shared insights on how to tackle external challenges and sustain economic growth.
“We’ve calmly and steadfastly responded to various risks and challenges,” Li said, noting that the country saw steady economic recovery and growth in the first quarter. However, he acknowledged that external shocks have put pressure on economic operations and stressed the importance of being prepared for uncertainties.
Li urged for effective economic efforts in the second quarter and beyond, calling for more proactive macro policies and timely introduction of new measures as needed. “We need to respond to global uncertainties with strong and effective policies,” he remarked.
Expanding domestic demand will be a long-term strategy for China, aiming to fully stimulate the vitality of all business entities. Li also encouraged entrepreneurs to adapt proactively to changing circumstances, drive growth, and strengthen their enterprises.
The meeting showcased China’s commitment to navigating global economic challenges and underscored the government’s support for innovation and proactive policy-making to ensure sustained growth.
