China’s Premier Calls for More Effective Measures to Stabilize Stock Market

China’s Premier Li Qiang called for more effective measures to stabilize the stock market as the Chinese mainland’s benchmark CSI 300 Index hit a five-year low Monday.

At a meeting chaired by Li, the State Council, China’s cabinet, emphasized the need to enhance the quality and investment value of listed companies, persuade more medium and long-term funds to invest in stocks and strengthen the regulations that govern capital markets.