April 17, 2019 / 3:33 AM / 3 months ago

China's economy still faces pressure, policy steps starting to help: statistics bureau

A worker stands on the scaffolding at a construction site against a backdrop of residential buildings in Huaian, Jiangsu province, China October 18, 2018. REUTERS/Stringer/Files

BEIJING (Reuters) - China’s economy still faces downward pressure, while policy steps to support the economy are starting to bear fruit, statistics bureau said on Wednesday.

Mao Shengyong, spokesman for the bureau, made the comments after official data showed China’s economy grew at a steady 6.4 percent pace in the first quarter from a year earlier, defying expectations for a slowdown, as industrial output jumped sharply.

There are favourable factors for supporting industrial output growth and it is expected to maintain a steady pace, Mao said.

Reporting by Lusha Zhang and Beijing Monitoring Desk; Editing by Shri Navaratnam

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