MNI BRIEF: China To Enhance Efforts For Eco Recovery - Li

China will enhance policy efforts to achieve “around 5%” GDP target in 2025 and  introduce additional supportive measures when necessary to bolster sustained and stable economic recovery, said Premier Li Qiang on Sunday at the China Development Forum. 

Authorities will implement more proactive policies and intensify counter-cyclical moves, Li said, adding the country will remain steadfast in advancing economic opening, advocating for fair competition under internationally recognised rules, upholding free trade and ensuring the stability and smooth operation of global industrial and supply chains. (See MNI INTERVIEW: Low Inflation Gives Room For More China Easing)

China will further expand market access and support foreign enterprises in deepening their integration into the Chinese market, and oppose unilateralism and protectionism in all forms, he noted.