Business »  Topic »  Xi Jinping says China won’t return to planned economy, urges cooperation

Xi Jinping says China won’t return to planned economy, urges cooperation


  • Xi Jinping reiterates the government’s stance that markets should play a ‘decisive role’ in the economy
  • The comments come as China faces mounting pushback from the Trump administration on a range of issues from trade to its handling of the coronavirus outbreak

“We’ve come to the understanding that we should not ignore the blindness of the market, nor should we return to the old path of a planned economy," Xi told political advisers gathered in Beijing for their annual legislative sessions on Saturday, according to the official Xinhua news agency. He reiterated the government’s stance that markets ...


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