China will implement growth supporting measures-state media cites cabinet

The government has in recent months rolled out a raft of policy measures to support the COVID-ravaged economy. China will speed up construction of major investment projects and equipment upgrading, state media quoted the cabinet as saying after a regular meeting.

China will seize the time window to implement policy measures to support the economy, seeking to lay a good foundation for growth in 2023, state media on Wednesday quoted the cabinet as saying. The government has in recent months rolled out a raft of policy measures to support the COVID-ravaged economy.

China will speed up construction of major investment projects and equipment upgrading, state media quoted the cabinet as saying after a regular meeting. China will better balance its COVID-prevention measures and efforts to promote economic and social development, the cabinet was quoted as saying.

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