Li Qiang Pushes Export Strategy to Counter China’s Economic Slump

The Premier’s directive to the State Council signals a pivot toward export-led growth as the primary engine for productivity. With household consumption constrained by the ongoing real estate instability, the government is shifting focus to global markets to fill the void left by domestic weakness. Li emphasized the necessity of accelerating the deployment of policy funds to fortify this transition.

Beyond trade, the administration is pushing for increased private capital allocation in emerging industries and new infrastructure projects. By providing targeted support for these sectors, Beijing hopes to insulate the broader economy from the fallout of the property sector’s decline and sustain long-term growth targets.