China Still Slowing

People's Daily: 李克强主持召开经济形势专家和企业家座谈会强调 围绕市场主体有效实施宏观政策 推进改革开放 保持经济平稳运行 韩正出席

　At the symposium, Wen Bin, He Jun and other experts and leaders of Datang Group, Wuxi Yimian Textile Group, and Shenzhen Jingfeng Medical Technology Co., Ltd. spoke about stabilizing foreign trade exports, promoting the development of small and medium-sized enterprises, and alleviating the pressure of rising raw material costs. Promote enterprise innovation and other suggestions. 　

　Li Keqiang said that since the beginning of this year, my country's development has encountered multiple challenges such as the spread of epidemics in many places, severe floods, rapid rise in commodity prices, and the once-tight supply of electricity and coal. Under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, all parties have implemented the deployment of the Party Central Committee and the State Council, the market players have worked hard, and the overall economy has recovered steadily. This year's main goals can be achieved, and the annual task of employment can be completed ahead of schedule. The current situation at home and abroad is still complex and severe. With new downward pressure on my country's economy, we are facing many challenges in maintaining stable operation on a high base. We must adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, implement the spirit of the Sixth Plenary Session of the 19th Central Committee of the Party, and continue to do so in accordance with the requirements of a new stage of development, implementation of new development concepts, construction of a new development pattern, and promotion of high-quality development. To normalize the epidemic prevention and control, strengthen the "six stability" and "six guarantees", especially the market players in ensuring employment and people's livelihood, strengthen the forward-looking pertinence of macro policies, promote reform and opening up, do a good job in cross-cyclical adjustments, and promote the economy to climb. Hurdles to maintain economic operation within a reasonable range and overall employment stability.

No specifics no the new pressure, but I surmise high prices, supply chains and rising coronavirus cases/lockdowns are responsible. The solutions are the same boilerplate Li has been saying for 10 years.