BEIJING: The State Council's executive meeting chaired by Premier Li Keqiang on Monday required effective policy implementation and strengthening of cross-cyclical adjustments in light of the new situations in economic operation to keep major economic indicators within an appropriate range.

Since mid-to-late July, extreme weather and the consequent severe flooding have hit multiple areas of the country, and new Covid-19 cases have been identified in several provinces. Commodity prices have been hovering at a high level, and the international economic situation is intricate and complex.