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To create jobs, Premier Li Keqiang Encourages Stalls Economy

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To create jobs, Premier Li Keqiang Encourages Stalls Economy

#Market Outlook#Capital Markets#Leaders Video Speeches

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During the annual “Two Sessions” of China’s top legislature and political advisory group last month, Li praised the example of Chengdu, which generated 100,000 jobs overnight by setting up 36,000 street vending units.

The government’s posture marks a shift from pre-Covid-19, when many Chinese cities tried to crack down on street vendors as part of efforts to regulate retail markets and improve city appearance.

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