the chinese premier on wednesday pledged to use all the policy tools reserved in the past two years as soon as possible to stabilize the economy according to a report by the state broadcaster in a state council meeting premier li keqiang admitted that the country has encountered more difficulties in some aspects than in 2020 when the chinese economy was ground to a near halt as massive city lockdowns were imposed to contain the initial outbreaks from the central chinese city of wuhan mr li stressed to keep the chinese economy operating in a reasonable range and to strive for the best result omitting mention of the fullyear growth target of around 55  the premier also urged to further promote the efficiency of stimulus policies and asked the following policies to be issued in early september in order to increase demand and consolidate the foundation for economic recovery