China's Premier Li Warns of Fragile Economic Recovery in NPC Address
Tuesday, 5 March 2024, 01:21
China's Premier Li Addresses Fragile Economic Recovery
China's Premier Li emphasized the challenges hindering the country's economic recovery during his speech at the NPC. The main concerns highlighted include:
- Weak Domestic Demand: The lack of robust domestic spending is a key obstacle.
- Low Social Expectations: Social uncertainties are contributing to the fragility of the economy.
- Challenges for SMEs: Small- and medium-sized enterprises are grappling with operational difficulties.
The absence of a post-NPC press conference by Premier Li further underscores the gravity of the situation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.