Local governments should strike a more efficient balance between Covid control and economic development, Lei Zhenglong, an official at the National Health Commission, said at a briefing on Sunday. Authorities have laid out nine arbitrary measures, including around travel and quarantine, that will be banned in order to ease the burden on the economy, he said.
Chinese stocks advanced on Monday as a loosening of Covid-19 restrictions increased bets that economic activity will pick up. The CSI 300 Index jumped 1.9%, the most in more than two weeks, while the smaller, growth-heavy ChiNext gauge rallied near 4%.
Arbitrary Covid measures that are banned include:
Authorities won’t expand the scope of travel restrictions beyond medium- and high-risk areas