Efforts made to sustain economic recovery

Positive outlook: A couple crossing a street at the central business district in Beijing. The country’s economy is seeing a hard-fought recovery based on the implementation of a raft of stabilising policies. — AFP

BEIJING: With Covid-19 outbreaks waning and pro-growth policies taking effect, China is making multi-pronged efforts to continue its recovery trend in the second half of this year.

The economy has come under strain from Covid-19 resurgences and global geopolitical conflicts since March. To help it navigate the trough, multiple supportive moves ranging from bolstering market entities to spurring domestic demand have been taken by the country’s policymakers.