China’s Li Renews Call to Boost Consumption Side of Economy

China's premier Li Qiang

Photographer: David Dee Delgado/Bloomberg

Chinese Premier Li Qiang renewed a call for consumption to play a greater role in the economy, underscoring worries among the nation’s top leaders about relying too heavily on exports.

The country should be “continuously forming new growth points for expanding domestic demand,” Li said during a seminar on Tuesday with analysts and entrepreneurs on the economic situation and future work plans, according to state broadcaster China Central Television.