Chinese State Council chair discusses economic policies

Chinese Premier Li Qiang chaired an executive meeting to discuss strengthening economic policies and stimulating investment in the country, with a focus on facing economic challenges and achieving growth of approximately 4.5 to 5% in 2026, following a 4.7% GDP growth in the first half of the year. The meeting addressed accelerating bond issuance, initiating major projects in accordance with the 15th Five-Year Plan, implementing policies to promote infrastructure sustainability, updating dams and grain repositories, as well as supporting economic innovation and stabilizing the real estate market. Additionally, discussions covered enhancing fiscal spending, adjusting monetary policy tools, expanding support for small businesses, improving the labor market, fighting pollution, and managing public institutions.

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