Govt looks to stimulate demand

The government will further study policies to boost investment and jump-start domestic demand to add growth momentum to the economy next year, a senior official said yesterday.

"A prominent problem of the economy is that it's under increasing downward pressure," Han Yongwen, secretary-general of the National Development and Reform Commission, said on the commission's website.

"Weakening external demand will translate into slower export growth, weaker corporate investment and dwindling consumption," he said.