
China's cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive its pandemic-ravaged economy, adding it will inspect how provincial governments implement them.
The stimulus package, which was flagged by China's State Council in a routine meeting last week, underscores Beijing's shift toward growth, after COVID-19 control measures pounded the economy and threaten Beijing's 5.5% growth target for the year.