Chinese Premier Li Keqiang tells provinces to ‘step up’ aid for coronavirus-hit economy


Source: scmp.com scmp.com

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Chinese Premier Li Keqiang has told provincial governors to front-load support measures to stabilise growth and employment in a sign that Beijing is urgently stepping up efforts to save its faltering economy ahead of a landmark political meeting this year. Local authorities should implement new policies by the end of May to shore up growth, Li said during a visit to the southwest border province of Yunnan on Wednesday, according to a report from the official Xinhua News Agency. “Under the influence of new coronavirus outbreaks and changes in the international situation, among other unexpected factors, some economic indicators have...