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Investing.com -- China’s Premier Li Qiang urged the country to consolidate and expand the positive trend in its economy during a State Council plenary meeting on Monday.
Li emphasized the need to stabilize market expectations while continuing efforts to stimulate consumption potential across the nation, according to state broadcaster CCTV.
The Premier outlined several key priorities, including further stabilizing employment and guaranteeing people’s livelihoods. He called for "forceful measures" to consolidate the stabilizing trend in China’s housing market.
Li also stressed the importance of accelerating new growth drivers, specifically highlighting services consumption as an area of focus. The Premier added that China needs to enhance its capabilities to adapt to new situations and solve emerging problems.
Additionally, Li called for strengthened disaster prevention, mitigation, relief, and production safety measures.
The comments came as part of Li’s broader economic agenda presented to the State Council, as China works to maintain economic momentum amid various domestic and global challenges.
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