Chinese Economy Faces ‘Unprecedented’ Challenges Amid Pandemic, Top Official Admits
Chinese Premier Li Keqiang is in the closing session of the Chinese rubber stamp legislature conference in Beijing, China, on May 27, 2020. Andrea Verdelli/Getty Images
Chinese premier Li Keqiang admitted that the global pandemic has brought “an unprecedented impact” on the Chinese economy, during a July 13 speech at an economic seminar.
Explaining that the situation was grim, Li said the Chinese regime needed to support labor-intensive enterprises in order to create more jobs.
Difficulties
At a Monday seminar with Chinese economists and entrepreneurs in Beijing, Li said that the CCP virus epidemic and the global recession as a result of the pandemic has impacted China’s economy.
Nicole Hao
Author
Nicole Hao is a Washington-based reporter focused on China-related topics. Before joining the Epoch Media Group in July 2009, she worked as a global product manager for a railway business in Paris, France.
