Chinese Premier Li Qiang said Beijing will take “forceful steps” to spur consumer spending, calling for stronger macro-policy coordination and stable global supply chains in remarks delivered on 25–26 June. The announcement was followed by the People’s Bank of China and other agencies pledging greater support for consumption and technology sectors. State media reported that the stimulus package includes 200 billion yuan (US$27.9 billion) in ultra-long special Treasury bonds for large-scale equipment upgrades and 300 billion yuan in subsidies for consumer-goods trade-ins, with the next tranche of funds to be released in July. Officials said the measures are intended to lift domestic demand and underpin economic growth amid a challenging external environment. On the diplomatic front, Foreign Minister Wang Yi met European Council President Antonio Costa in Brussels on 2 July to prepare for an EU–China leaders’ summit marking 50 years of relations. Wang said China is ready to “enhance communication and coordination” with the European Union, positioning both sides as pillars of stability and reiterating Beijing’s willingness to help broker peace talks in Ukraine.
Chinese Foreign Minister Wang Yi calls on China and EU to be pillars of stability in a turbulent world https://t.co/9I9zT1f4oa https://t.co/Cw3sw7Z474
#China is ready to strengthen communication and coordination with the European Union to make solid preparations for a new round of China- #EU summit and to open new prospects for the comprehensive strategic partnership between the two sides, China's Foreign Minister Wang Yi said https://t.co/P1ASVBhx2G
وزیر خارجه چین در دیدار با رییس شورای اروپا، بر لزوم تقویت ارتباطات پکن با اتحادیه اروپا، آمادگی برای نشست رهبران دو طرف و نیز حل و فصل جنگ اوکراین از طریق گفتوگوهای سیاسی تاکید کرد