China's Premier Urges Local Authorities for Strong Economic Start in 2025

Economy

1 year ago

News sources:

Credited from: SCMP

China’s leadership emphasizes the need for **urgent action** from local officials to ensure a robust start in 2025, amid concerns about sustaining economic growth.
During a visit to Shandong province, **Premier Li Qiang** called for quick implementation of policies and **accelerated project advancement** to achieve early results.
Li highlighted the necessity to **expand consumption programmes** and improve infrastructure for new energy vehicles, aiming to revitalize domestic demand.
Despite achieving last year’s GDP growth target, officials express concerns about maintaining momentum in light of external threats and weak market sentiment.
Local governments are launching over **3,000 projects** to stimulate investment, indicating the urgency to bolster household and business confidence.

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