China's NDRC vows to roll out consumption support policies without delay


Slow demand: Pedestrians near the Guomao central business district in Beijing. —Bloomberg

BEIJING: China's top economic planner pledged on Tuesday that it would roll out policies to "restore and expand" consumption without delay as consumers' purchasing power remained weak, suggesting an urgency to revive domestic demand.

The world's second-largest economy grew at a frail pace in the second quarter, official data showed on Monday. Gross domestic product expanded 6.3% in the second quarter from a year earlier, well below the forecast for a growth of 7.3%.

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GDP , stimulus , China , consumer , spending , inflation

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