BOAO, China: Chinese Vice Premier Ding Xuexiang said on Thursday (Mar 27) that the world’s second-biggest economy had started 2025 well and that further steps would be taken to shore up domestic demand and the country’s ailing property sector.
His keynote speech at a business and political summit in the island province of Hainan comes in a week where Beijing has mounted a charm offensive to woo fresh foreign investment for its sluggish economy and protect against simmering geopolitical tensions.
“In the first two months of this year, the economy started steadily, continuing the upward trend since the fourth quarter of last year,” China’s sixth-ranking official told delegates at the annual Boao Forum.
“There is not only the support of growth potential and conditions, but also the guarantee of strong policies and measures,” he added.
Ding reiterated Chinese Premier Li Qiang’s message at the China Development Forum in Beijing on Sunday that countries should open their markets and “resolutely oppose trade and investment protectionism,” in a veiled reference to the Trump administration.