Chinese Premier Says Economy Worse Off in Some Ways Than 2020

The transcript discusses concerns among top policymakers, including Premier Li Keqiang, about China's economic performance. The government is worried about the jobs market, especially youth unemployment, and is urging local and provincial authorities to implement measures announced by the State Council. These measures include tax rebates and infrastructure spending. The economic recovery in May did not meet expectations, making the 5.5% growth target seem increasingly elusive.

What are the main concerns of policymakers regarding the economy as mentioned in the text?

How has youth unemployment in China been characterized in the text?

What does the text suggest about the government's reliance on local and provincial authorities?

What measures did the State Council announce recently to address economic issues?

What is the targeted growth rate mentioned in the text, and how does it relate to current economic conditions?