Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, July 31 (Xinhua) — China's State Council held an executive meeting on Thursday, calling for consolidating and accelerating the momentum of China's economic recovery and improvement in the second half of 2025.
The meeting, chaired by State Council Premier Li Qiang, focused on studying and implementing the main ideas outlined in an important speech by General Secretary of the Communist Party of China (CPC) Central Committee Xi Jinping on the current economic situation and economic work in the second half of the year.
The meeting emphasized the need for a deep understanding of the CPC Central Committee's scientific judgment on the economic situation, as well as further strengthening the sense of mission and responsibility in the context of carrying out high-quality economic work in the second half of the year.
As noted, in implementing the annual development goals and targets, greater efforts should be made to improve the effectiveness of macroeconomic policies, more attention should be paid to stimulating the internal driving forces of economic growth, and development and security should be more effectively coordinated.
The meeting participants also reviewed and approved a document on the large-scale commercial application of artificial intelligence, gave instructions on the implementation of a policy of subsidizing interest rates on consumer loans for personal purposes and loans for business entities in the service sector, and discussed and fundamentally approved a bill on the protection and improvement of the quality of arable land. –0–
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