Xi Wants ‘New Productive Forces’ to Fit Local Conditions
- China’s president discusses new slogan for economic policies
- Xi also doesn’t want abandonment of traditional industries
Xi Jinping
Photographer: Alexey Maishev/AFP/Getty ImagesThis article is for subscribers only.
President Xi Jinping called on Tuesday for local governments to develop “new productive forces” according to their conditions and avoid creating a bubble in particular industries, offering fresh comments on the Chinese leadership’s latest new economic policymaking term.
In a meeting with the delegation from eastern Jiangsu province during the annual convocation of the National People’s Congress, Xi called for locality in the adoption of his new strategy, state news agency Xinhua said in a readout.