Editorial: To Boost Confidence, Actions Speak Louder Than Words

This issue of Caixin Weekly comes out during China’s “Two Sessions.” It has been about two months since China eased its Covid-19 control policies. What the economy will look like has not only become a common concern for people around the world but also a hot topic at this year’s annual political meetings. China’s economy is recovering — but there are also many pressures that could derail it. For now, the top priority is to put existing plans and commitments into action. As a Western saying goes, “one action speaks louder than a dozen of plans.” A strong implementation of the reform and opening-up policies is pivotal to restoring the private sector’s confidence and stabilizing its expectations.