Premier Li Qiang Presides Over Meeting on Strengthening Domestic Economic Cycle

Published: Jul 17, 2025 12:01

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On July 16, Premier Li Qiang of the State Council presided over a State Council executive meeting to study the implementation of key policy measures for strengthening the domestic economic cycle. The meeting pointed out that strengthening the domestic economic cycle is a strategic move to promote steady and long-term economic development. It is necessary to identify key focal points, deeply implement special actions to boost consumption, systematically eliminate unreasonable restrictions on resident consumption, optimize the trade-in policy for consumer goods, increase diversified supply in line with resident consumption demand, expand investment in areas such as new quality productive forces and emerging service industries, fully release the potential of domestic demand, and continuously enhance the endogenous driving force of the domestic economic cycle.

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