Li Keqiang, the prime minister of China, stated as reported by the China Morning Post, that the economy “had stabilized, but the vitality of the market entities had not fully recovered.” He noted that there are growing uncertainties about rising inflation and property prices, and that tensions with the US, Australia and other nations could affect grain and energy imports. Said These problems can affect economic stability, “so we have to pay close attention.”
Li Keqiang explained that the basis for the economic recovery “is still unstable.” He argued that small and medium-sized enterprises, as well as autonomous enterprises, are experiencing rising costs, which means there is strong pressure on employment. “It will not be easy to achieve this year’s employment target,” the Chinese official said.
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