Saturday, August 30, 2025

China has made full preparations to address uncertainties from external shocks affecting the Chinese economy, Premier Li Qiang said on Wednesday.

Date:

Li spoke at a symposium in Beijing, where Chinese experts and entrepreneurs discussed the economic situation. The meeting occurred as the U.S.-initiated tariff war continues to escalate.

During the meeting, the premier asked experts and entrepreneurs to share their thoughts on the current economic situation. He gathered their opinions on the next steps for economic work.

Experts and entrepreneurs agreed that since the start of the year, the Chinese economy has remained stable and is showing signs of recovery.

Despite challenges from changes in the external environment, China remains strong, resilient, and full of potential for further development. They expressed optimism about the country’s long-term prospects.

The experts also offered suggestions on managing external shocks and sustaining growth.

Li emphasized that under the Communist Party of China Central Committee’s leadership, China has managed risks and challenges calmly.

He pointed out that the first quarter saw continued positive economic momentum. However, he also recognized the external pressures affecting China’s economic operations.

Li reassured attendees that the government has prepared for various uncertainties.

He said, “As long as we stay committed to our goals, we will push the Chinese economy to steady and sustained growth.”

Li highlighted the need for proactive macroeconomic policies. Quick actions should ensure that existing policies yield results promptly.

He also called for new incremental policies to boost domestic circulation. Making it a long-term priority will help stimulate domestic demand.

Li emphasized the importance of stabilizing employment, increasing incomes, and creating demand with high-quality supply.

He also urged officials to create a better environment and improve policies and services for businesses.

Li encouraged entrepreneurs to take national responsibility, adapt to changes, and contribute to the country’s development.

Li also asked economic experts and scholars to offer forward-thinking suggestions on emerging issues in the Chinese economy.

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