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China’s Premier Urges ‘Decisive’ Action on Growth Policies

  • Local governments should ‘add a sense of urgency,’ Li says
  • Li reiterates support for digital platform companies, listings
Li Keqiang

Li Keqiang

Photographer: Qilai Shen/Bloomberg
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Chinese Premier Li Keqiang told local governments to “act decisively” on measures to support growth in the coming weeks in an effort to bring the economy back on track as soon as possible. 

Everyone should “add a sense of urgency” to their actions to counter “further intensified new downward pressure” on the economy, Li said Wednesday during a trip to Yunnan province in southwestern China, according to a report in the official Xinhua News Agency.