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China's Premier Li Pledges To Boost Consumption

CHINA PRESS
MNI (Singapore)

Chinese Premier Li Keqiang called for efforts to accelerate the recovery of consumption as the main driver of the economy, while continuously promoting opening-up and stabilising foreign trade, according to a State Council executive meeting last Saturday. More supportive measures will be unveiled to promote the fast restart of enterprises after Chinese New Year, boost car buying, and increase bank credit for consumption. China will keep the yuan exchange rate steady at a reasonable and balanced level to ensure foreign trade, and encourage Chinese firms to participate in domestic and international exhibitions and expand businesses via the Regional Comprehensive Economic Partnership.

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