'Economy stabilizing but faces pressure'
By Wei Tian in Beijing and Yu Ran in Shanghai | China Daily | Updated: 2012-08-30 07:25
Official pledges measures to boost growth, help struggling exporters
The economy "is stabilizing" although it will remain under "downward pressure" in the coming months, a top official said in a briefing to the National People's Congress Standing Committee.
Zhang Ping, minister of the National Development and Reform Commission, also pledged more measures to "restore export growth" and "boost domestic demand".
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