BEIJING: China will adopt dozens of growth-stabilizing measures aimed at getting its economy back on track and keeping major economic indicators within a range it deems appropriate after a recent State Council executive meeting led by Chinese Premier Li Keqiang was held.

The meeting came after the country's leaders noted the increasing downward pressure on the Chinese economy and the difficulties faced by many market entities. During the meeting, the need to stay confident, respond resolutely, fully apply the newly formulated development philosophy and coordinate the country's Covid-19 response with economic and social development efficiently was stressed.