China’s Premier Li Qiang: Navigating New Policy Tools Amid Global Economic Strain

China’s Premier Li Qiang on New Policy Tools Amid Global Economic Strain

At a weekend symposium with Chinese firms in Jakarta, China’s Premier Li Qiang addressed the growing challenges facing the global economic and trade order. He noted that China is considering new and unconventional policy tools to manage the increasing strain caused by the disintegration of supply and industrial chains and rising trade barriers worldwide.

Li emphasized that these disruptions have significantly impacted economic development across countries. In response, China plans to deploy innovative policy measures as the situation evolves.

Despite these challenges, Premier Li reaffirmed China’s commitment to deepening economic collaboration with countries around the world, signaling a continued focus on strengthening international trade and cooperation.