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Li Qiang Says China Will Be Consumption Power at ‘Summer Davos’: as It Happened

  • The 15th Annual Meeting of the New Champions concluded in Dalian, China, with over 1,600 participants discussing economic topics and China's role in global growth.
  • China's economy grew by 5.2% in 2023, contributing around 30% to global growth, according to Peng Sen.
  • Chinese Premier Li Qiang highlighted that China aims for a GDP growth goal of around 5% while focusing on high-quality development.
  • Participants discussed challenges such as domestic consumption and global uncertainties, noting that countercyclical policies could boost China's economy.
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China to grow into super-sized consumption powerhouse: premier

·China
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  • 57% of the sources lean Left
57% Left
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YUAN TALKS broke the news in on Wednesday, June 25, 2025.
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