China to keep infrastructure investment stable, Premier says
Share - WeChat
As a developing country, China still has shortcomings in infrastructure construction, and the Chinese government will increase supplies of public products and promote reasonable and effective investment in this area, Premier Li Keqiang said on Wednesday.
Li made the remark at the opening ceremony of the Annual Meeting of New Champions in Tianjin, also known as Summer Davos.
It is not a new round of massive economic stimulus but an effort to hedge downward pressure of investment growth, so as to keep infrastructure investment stable, Li said. China will not take the old path of heavy reliance on investment, he said.
- Guangdong and Hong Kong universities sign agreement to cultivate talent
- 'A Thousand-Year Glance: Landscapes of Belt and Road countries in Thangka Paintings' exhibition held in Thailand
- China's top cyberspace regulator launches operation to combat illegal information
- Good quality water offshore reaches 85%
- Shenzhou XVIII completes in-orbit handover with Shenzhou XVII
- Serbian hooper finds second home in China