Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, May 15 (Xinhua) — Chinese Premier Li Qiang on Thursday stressed the importance of using the stability and long-term growth of domestic economic circulation to guard against the uncertainty of international circulation, and called for promoting the country’s sustainable and long-term economic growth and high-quality development.
Li Qiang made the remarks at a State Council meeting on strengthening domestic circulation, chaired by State Council Vice Premier Ding Xuexiang.
China needs to coordinate its strategy of expanding domestic demand and deepening supply-side structural reforms, and strengthen effective links between domestic and international markets, Li Qiang said.
The head of the Chinese government stressed that in order to strengthen domestic economic circulation, it is necessary to focus on four aspects: efficient allocation of resources, deep integration of scientific and technological and industrial innovation, building self-sufficient and complete industrial and supply chains, and maintaining a dynamic balance between supply and demand.
Li Qiang called for providing targeted and effective assistance to the country’s foreign trade enterprises, stimulating employment in various ways, identifying the potential for stimulating consumption, increasing effective investment, and coordinating development and security.
The Premier of the State Council stressed that all departments and regions should strengthen the planning and implementation of policies, strengthen the coordination of work, and do everything possible to stimulate market vitality and social creativity. –0–