Chinese Premier Li Qiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, speaks at a State Council meeting on promoting the domestic economy, on May 15, 2025. The meeting was chaired by Vice Premier Ding Xuexiang, who is also a member of the Standing Committee of the Political Bureau of the CPC Central Committee. (Xinhua/Rao Aimin)
BEIJING, May 15 (Xinhua) -- Chinese Premier Li Qiang on Thursday stressed the importance of leveraging the stability and long-term growth of the domestic economy to cushion against global uncertainties, and of promoting the country's steady, long-term growth and high-quality development.
Li made the remarks at a State Council meeting on promoting the domestic economy, which was chaired by Vice Premier Ding Xuexiang.
Li noted that it is imperative that China coordinates boosting domestic demand and deepening supply-side structural reform, and that it strengthens domestic and international market links.
To boost the domestic economy, he stressed the need to focus on areas such as promoting the efficient allocation of all types of resources, achieving the deep integration of sci-tech innovation and industrial innovation, building self-sufficient and complete industrial and supply chains, and maintaining a dynamic equilibrium between supply and demand.
He urged efforts to support the country's export companies, stabilize employment, stimulate consumption, increase effective investment, and ensure both development and security.
Li emphasized that all departments and regions should strengthen their policy formulation and implementation, enhance coordination and cooperation, and stimulate market vitality and social creativity fully.
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