BEIJING, Sept 20 Reuters China will speed up the introduction of more policies to consolidate its economic recovery, state media CCTV reported on Wednesday, citing a cabinet meeting chaired by Premier Li Qiang, after the economy showed tentative signs of stabilising.
With a flurry of support steps kicking in, the 18 trillion economy showed betterthanexpected figures including bank lending, industrial production and consumption gauges last month, but the wobbling property sector still weighs on its economic outlook.
China will stick to deepening reforms and further opening up and will fully mobilize the enthusiasm of businesses, CCTV said.
China will accelerate the introduction of relevant policies and work implementation, as well as further consolidate the economy39;s upward trend, CCTV said.
Feedback from an inspection and survey of the country39;s economic recovery was presented at the meeting, according to state media.
Local governments and government departments must attach great attention to problems found during the inspection and survey, and push for policy measures already released to take effect, CCTV reported, citing the meeting.
Responding to the advice gathered during the survey, relevant government departments should make plans and carry out indepth research considering 202439;s economic work, the state media said.
The world39;s secondbiggest economy lost steam since April as its rebound from COVID reopening missed expectations by markets and…