Xi Calls For Efforts to Boost Both Demand and Supply Sides

Chinese President Xi Jinping called for enhanced efforts to boost demand while deepening supply-side reforms in order to promote a broader domestic economic cycle, according to a Xinhua News Agency report about a recent meeting chaired by the President. China should work to expand demand for consumption, investment, as well as finance, Xi pointed out, urging accelerating the pace of achieving self-reliance in science and technology. He said China should strive to become the world’s major scientific and innovation centre as quickly as possible. China will guide the healthy use of capital and create a good environment for various entities to invest and start businesses, he noted.