Chinese Premier Stresses Stabilizing Market Entities, Employment, Advancing Opening-Up(2)

During his visit to ANTA Sports, a large-scale private sportswear company, Li encouraged the firm to compete in the high-end market while focusing on expanding the mass market with massive consumption potential.

Hearing the company has created over 300,000 jobs nationwide, Li said the Chinese economy has been more resilient and active as many private companies have grown into large ones and worked closely with a large number of smaller firms and self-employed businesses.

Stressing the role of market entities in promoting economic growth, he urged efforts to provide equal support regarding relief and development to state-owned, private, and foreign-invested companies.

Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, visits Lioho Machinery, a Taiwan-funded enterprise, in southeast China's Fujian Province, July 7, 2022. (Xinhua/Li Tao)

Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, talks with employees of ANTA Sports, a large-scale private sportswear company, in southeast China's Fujian Province, July 8, 2022. (Xinhua/Li Tao)

Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, visits Jinjiang international land port in southeast China's Fujian Province, July 8, 2022. (Xinhua/Li Tao)