Chinese Premier Li Says Growth to Rebound on Covid Policy Change

The transcript discusses China's economic growth targets, particularly the ambitious 5% GDP growth target for 2023. It highlights the challenges posed by COVID-19 measures and the potential positive impact of easing these restrictions. The role of infrastructure and fiscal spending in supporting growth is emphasized, especially given the slow consumer recovery. The property sector's struggles and potential policy shifts are also discussed, with a focus on deemphasizing COVID and boosting economic growth. The central Economic Work Conference and National People's Congress are key events for setting economic priorities.

What is the significance of the upcoming Economic Work Conference mentioned in the text?

What change in policy regarding housing is suggested in the text?