August 16, 2023

Chinese Premier Li Qiang on Wednesday made further arrangements for work to be undertaken for the rest of the year so as to achieve the annual economic goals and concretely promote high-quality development.

Presiding over the second plenary meeting of the State Council, the cabinet, Li said that the government will fully implement the policy decisions and arrangements of the Communist Party of China Central Committee, seek progress while maintaining stability, accurately and forcefully implement macro-control measures, and harness the synergy between various policies.

During the meeting, Li emphasized the importance of expanding domestic demand by further tapping into the potential of consumption and pro-investment polices, promoting the consumption of big-ticket items, and mobilizing private investment.

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