China will implement growth supporting measures-state media cites cabinet

FILE PHOTO: Workers work at a construction site in Shanghai, China, October 13, 2022. REUTERS/Aly Song
BEIJING : China will seize the time window to implement policy measures to support the economy, seeking to lay a good foundation for growth in 2023, state media on Wednesday quoted the cabinet as saying.
The government has in recent months rolled out a raft of policy measures to support the COVID-ravaged economy.
China will speed up construction of major investment projects and equipment upgrading, state media quoted the cabinet as saying after a regular meeting.
China will better balance its COVID-prevention measures and efforts to promote economic and social development, the cabinet was quoted as saying.