The Chinese government has promised to take measures to stimulate domestic consumption as a dip in after driving economic growth in the latest quarter.
Cabinet statement Wednesday commitment in health care, pension and other policy changes, but gave no other details. , analysts say, need higher social spending plans to vacate the family income used to consumer spending.
, the statement said China's top economic officials, led by prime minister li keqiang, the meeting conclusion, growth in the first quarter was at a "reasonable level."
China's economic growth in the first three months of this year, fell to 7.7% from 7.9% the previous quarter.
, according to analysts from all over the country's deepest recession since the 2008 global financial crisis recovery is still ongoing, but it will be weak and gradual.
Other News:
China vows to boost consumption after growth dips
Pope Francis supports crackdown on US nuns
Latin American countries congratulate the the Maduro elected Committee President
Rockets hit southern Israeli resort of Eilat
Bearing Technology Wikipedia: Roller Needle process
U.S. arrests man linked to Israeli tycoon in Africa graft probe
Toyota's hybrid vehicle sales pass 5 million
Criticism of immigration bill from left and right