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China's Xi urges 'all-out' infrastructure push to boost growth

China's Xi urges 'all-out' infrastructure push to boost growth

Gulf Times
Wednesday, April 27, 2022 06:09:08 AM UTC

Chinese president Xi Jinping

Chinese president Xi Jinping has called for an "all-out" campaign to build infrastructure, according to state media, marking the latest attempt by leaders to boost growth in the Covid-battered economy.

Despite struggling to defeat the country's worst outbreak in two years, the leadership is digging in its heels with a strict zero-Covid policy that involves lockdowns in the biggest cities and mass testing.

But the measures have snarled supply chains and hammered business morale, sending shockwaves through the global economy and markets.

"Infrastructure is an important support for economic and social development," Xi said at a high-level meeting on Tuesday, according to the official Xinhua news agency.

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