Chinese Premier Li Qiang has called for coordinated action to tackle economic risks while driving high-quality development, emphasizing the need to balance market expectations with proactive governance. Speaking at a State Council study session on Thursday, Li outlined strategies to strengthen China’s economic resilience and foster stability as global uncertainties loom.
Balancing Act: Policies & Market Trust
Li highlighted the importance of ‘expectation management’ in policy design, urging leaders to fine-tune macroeconomic strategies like a chef perfecting a recipe 🧑🍳. ‘Policies must be timely, targeted, and tailored to uplift market confidence,’ he said, flanked by Vice Premiers He Lifeng and Zhang Guoqing, along with State Councilor Wu Zhenglong.
Rapid Reforms, Global Implications
The premier’s push includes accelerating reforms to protect businesses’ rights and fast-track major economic plans. Analysts suggest this signals China’s commitment to stabilizing markets for overseas investors 🌏💼, especially as global supply chains recalibrate. ‘Communication is key,’ Li stressed, underscoring plans to align policies with public and corporate needs.
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Chinese premier stresses need to coordinate efforts to address risks
cgtn.com