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China economy faces many difficulties, challenges -state planner official By Reuters

China economy faces many difficulties, challenges -state planner official

© Reuters. FILE PHOTO: People walk at a shopping area in Beijing, China September 5, 2023. REUTERS/Tingshu Wang/File Photo

BEIJING (Reuters) – China’s economy faces a lot of difficulties and challenges, said Cong Liang, vice chairman of the National Development and Reform Commission, on Wednesday.

China will intensify macro-control efforts and focus on expanding domestic demand, boosting confidence, preventing risk and striving to achieve annual economic development goals, Cong said.

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