How China plans to revive its economy with a ‘policy bazooka’

China’s President Xi Jinping has issued a rallying call to help the private sector and mobilise officials around the nation to prioritise reviving the economy. In an unexpected Politburo meeting on September 26, 2024, top Beijing officials also vowed to help tide over enterprises facing hardships. They encouraged local officials to be bold with moves to boost the economy without worrying about the consequences of making mistakes.