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China will add measures if recovery falters -NDRC

Published 05/18/2009, 04:07 AM
Updated 05/18/2009, 04:24 AM

HONG KONG, May 18 (Reuters) - China will take additional measures if the economic recovery loses momentum, an official at the country's top economic planning body said on Monday.

"We'd like to see a V-shaped recovery. If the economic recovery loses momentum, we will have to take additional measures," Xu Lin, director general of the department of fiscal and financial affairs at the National Development and Reform Commission (NDRC), told a news conference in Hong Kong.

Xu said economic indicators had been positive. (Reporting by Susan Fenton, Editing by Jonathan Hopfner) (susan.fenton@thomsonreuters.com; +852 2843 6367; Reuters Messaging: susan.fenton.thomsonreuters.com@reuters.net)

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