China Officials Said to Be Preparing New Stimulus

The video discusses plans to support the economy, focusing on the auto sector and technology. It highlights the challenges of car ownership in Beijing due to traffic regulations and the long wait for license plates. Stimulus measures aim to boost car sales, particularly electric vehicles, by easing these restrictions. The State Council emphasizes the need for banks to increase lending to SMEs, despite positive first-quarter data. Concerns remain about economic moderation if further government actions are not taken.

What measures are being proposed to stimulate demand for electric vehicles?

What concerns were raised regarding the economy despite the stronger than expected first quarter data?