Reported 11 months ago
Chinese Premier Li Qiang has promised to take all necessary measures to boost domestic consumption and support economic growth amid challenges of weak consumption and deflation. At a meeting with leaders from international economic organizations, Li outlined plans for enhanced countercyclical measures and a moderately loose monetary policy in the coming year. Despite concerns over a slowing economy and potential trade implications from the incoming U.S. administration, China's leadership remains optimistic about the effectiveness of macroeconomic policies to address these issues.
Source: YAHOO