Chinese President Vows to Control Covid Outbreak With Smallest Cost

Chinese President

Xi Jinping

vowed to reduce the impact of Covid-control measures on the economy and people’s lives, a first acknowledgment from the Chinese leadership of the costs of the government’s stringent policies to rein in outbreaks.

As other countries have moved away from lockdowns and social distancing, Beijing has touted the success of its draconian measures in keeping the number of cases low, despite a mounting toll on its people and economy.

However, Chinese officials have scrambled to boost confidence in the Chinese economy as the more contagious Omicron variant of the coronavirus has prompted a surge in cases. The costs of fighting outbreaks add to recent headwinds, as Mr. Xi’s campaign of regulatory tightening last year has slowed economic momentum more than expected. The geopolitical crisis over the war in Ukraine, and the potential costs to China of its recent alignment with Russia, have also rattled investors’ nerves.

In a Thursday meeting of the Politburo Standing Committee, the Communist Party’s top decision-making body, Mr. Xi asked officials to minimize the impact on the Chinese economy and people’s lives from Covid-19 control measures, according to the official Xinhua News Agency.

China is facing the biggest wave of Covid-19 infections since Wuhan became the original center of the pandemic in early 2020. Several local governments have resorted to the same playbook used over the past two years to stamp out new outbreaks by ordering large-scale shutdowns and mass testing.