Xi Calls for Strict Compliance in Economic Policies, Warns Against Delayed Action on Risks
• Xi Jinping urges strict compliance in implementing China's economic policies, calling for a "to the letter" approach.
• Xi warns against procrastination and delay in policy implementation, saying problems must be addressed before they explode.
• Xi targets "formalism" and "bureaucratism" among officials, calling them stubborn, chronic issues.
• The real estate sector and local debt are mentioned as major economic risks facing China.
• Policymakers vow to coordinate economic and non-economic policies to ensure measures don't negatively impact growth.