Li Keqiang (1955-2023), Premier of the People's Republic of China

Died #otd Li Keqiang (1955-2023), Premier of the People's Republic of China, 2 years ago today #LiKeqiang life story...

#OnThisDay in 2023, #LiKeqiang, Chinese Premier of the State Council and China's head of government, died of a #heartattack at 68.
#RIP 🕊️🤍

China’s Premier Li calls to expand positive economic trend, stimulate consumption Investing.com -- China’s Premier Li Qiang urged the country to consolidate and expand the positive trend in its economy during a State Council plenary meeting on Monday. Li emphasized the need to stabilize market expectations while continuing efforts to stimulate consumption potential across the nation, according to state broadcaster CCTV. The Premier outlined several key priorities, including further stabilizing employment and guaranteeing people’s livelihoods. He called for "forceful measures" to consolidate the stabilizing trend in China’s housing market. Li also stressed the importance of accelerating new growth drivers, specifically highlighting services consumption as an area of focus. The Premier added that China needs to enhance its capabilities to adapt to new situations and solve emerging problems. Additionally, Li called for strengthened disaster prevention, mitigation, relief, and production safety measures. The comments came as part of Li’s broader economic agenda presented to the State Council, as China works to maintain economic momentum amid various domestic and global challenges. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. Which stock will be the next to soar?

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Xi Jinping's Absence Signals Power Shift? Intel Sources Warn China's Internal Turmoil May Spill Over To LAC | Exclusive As Xi's ideological control weakens, intelligence sources highlight that Wang Yang is being groomed as a reform-oriented future leader and technocrat.

Word is #XiJinping hold on power is fading while his replacement is #WangYang, considered a moderate liberal reformist will possibly be the new leader. Unlike technocrats like #LiKeqiang, WangYang came up from the grassroots level via the CYL (Youth League). #China
www.news18.com/world/xi-jin...

China can maintain high growth and transition to consumer-led economy, premier Li says © Reuters. FILE PHOTO: Chinese Premier Li Qiang speaks at the ASEAN - Gulf Cooperation Council (GCC) - China Economic Forum official dinner on the sidelines of the 46th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur, Malaysia, Tuesday, May 27, TIANJIN, China (Reuters) -China’s Premier Li Qiang said on Wednesday he was confident the world’s No.2 economy could maintain a "relatively rapid" growth rate as it transitions from a manufacturing-led model to a consumer-driven one, a shift analysts say is key to securing its future. Li’s keynote speech, delivered at a World Economic Froum meeting in Tianjin, comes as Chinese officials seek to cushion the economic damage caused by the trade war with the United States through policy support - a particularly daunting challenge for authorities grappling with the pressing need to foster painful structural reforms. Most analysts believe China’s $19 trillion faces two broad paths: it can sustain relatively high, albeit slowing, growth driven by strong exports - a trend likely to fade as trade tensions with the West escalate - or it can endure several years of slower growth while implementing reforms aimed at unlocking longer-term gains through its vast consumer market. But China’s second-ranking official told delegates he was optimistic that Beijing could pull off both. "We are confident in our ability to maintain a relatively rapid growth rate for China’s economy," Li said. "China’s economy showed steady improvement in the second quarter," he added. "Regardless of how the international environment evolves, China’s economy has consistently maintained a strong momentum for growth." Beijing has set an ambitious 2025 growth target of "around 5%", although most analysts expect China will struggle to keep expanding at those rates in the coming years if a lasting truce cannot be secured with Washington. Oxford Economics expects average annual GDP growth this decade to halve from the 1999-2019 average to 4.5% and slow to 3% in the decade after. Economists say more policy support for households could ease the transition to consumption-led growth, but the shift remains politically sensitive for the ruling Communist Party, which has long tied its legitimacy to high growth - a key reason why policymakers have delayed seriously pursuing it for over a decade. The International Monetary Fund last year said deeper reforms are needed to convert China’s economy to one led by consumption, including pension reforms, erecting a social safety net to reduce the need for massive precautionary savings. "We aim to help China transition from a major manufacturing power to a colossal consumer market," Li said. "This will open up vast and untapped markets for businesses from many countries."

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🍼🪦 27 octobre, un jour, une vie, un décès www.election-politique.com/election.php...
#Anniversaire #Birthday #27Octobre #27Ottobre #27deOctubre #October27 #27Oktober #Lula #LiKeqiang

Chine : Li Keqiang, un réformateur inachevé définitivement effacé Huit mois après avoir été contraint de quitter ses fonctions, l’ancien Premier ministre est mort d’une attaque cardiaque à 68 ans. Pragmatiste et réformiste, il a été marginalisé par le po...

#Chine: #LiKeqiang, de l'ombre à la tombe. "Crise cardiaque soudaine" de l'ex-Premier ministre chinois et sa longue marginalisation par le "nouveau timonier" #XiJinping. @liberation.fr

Good summary for a very sad news: "Really sudden, good leader of the country" (好突然，国家的好领导) 44k thumbs up - rarely have seen such a high number of support displayed online #china #likeqiang www.thepaper.cn/newsDetail_f...