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Premier Li Qiang of the State Council presided over the 12th Plenary Session of the State Council on August 17 to thoroughly study and implement the spirit of General Secretary Xi Jinping's important speech on the current economic situation and economic work, and emphasized the need to effectively unify ideas and actions into the Party Central Committee's scientific judgment and decision-making and deployment of the situation, do a solid job, and strive to complete the economic and social development goals and tasks for the whole year to achieve a good start to the “15th Five-Year Plan”. Li Qiang pointed out that since this year, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at the core, and with the joint efforts of all parties, China's economy has generally been running smoothly, steadily, and progressing, showing a development trend with new momentum and improved structure, showing strong resilience and vitality. At the same time, we must clearly see that the current problem of insufficient domestic demand is still prominent, difficulties for enterprises in some industries are increasing, and uncertainty about the external environment is rising. It is necessary to anchor development goals, give full play to the effectiveness of stock policies, plan and introduce pragmatic and effective incremental policies in a timely manner, break down various blockages and points, and promote the continuous development of the economy in a new direction and improvement.

Zhitongcaijing·08/17/2026 11:49:03
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Premier Li Qiang of the State Council presided over the 12th Plenary Session of the State Council on August 17 to thoroughly study and implement the spirit of General Secretary Xi Jinping's important speech on the current economic situation and economic work, and emphasized the need to effectively unify ideas and actions into the Party Central Committee's scientific judgment and decision-making and deployment of the situation, do a solid job, and strive to complete the economic and social development goals and tasks for the whole year to achieve a good start to the “15th Five-Year Plan”. Li Qiang pointed out that since this year, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at the core, and with the joint efforts of all parties, China's economy has generally been running smoothly, steadily, and progressing, showing a development trend with new momentum and improved structure, showing strong resilience and vitality. At the same time, we must clearly see that the current problem of insufficient domestic demand is still prominent, difficulties for enterprises in some industries are increasing, and uncertainty about the external environment is rising. It is necessary to anchor development goals, give full play to the effectiveness of stock policies, plan and introduce pragmatic and effective incremental policies in a timely manner, break down various blockages and points, and promote the continuous development of the economy in a new direction and improvement.