June 16, 2024

China Premier Li Qiang Urges Action to Boost Confidence in Economy

Chinese Premier Li Qiang called for “pragmatic and forceful” action to boost the nation’s confidence in the economy, underscoring the government’s concern with a struggling recovery and stocks rout.

Li used a meeting of the State Council, China’s cabinet, on Sunday to urge officials to “do more things that are conductive to boosting confidence and expectations, and ensure policymaking and execution are consistent and stable,” the official Xinhua News Agency reported.

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