“We can see the economic figures are already stabilising and recovering, which shows the [government's stimulus] policies have started to take effect,” Zhou Xiaochuan, China's central bank governor, said at a press conference on Friday on the sidelines of the annual meeting of the country's rubber-stamp parliament.
His optimism was echoed by Xie Xuren, the finance minister, and Zhang Ping, chairman of the National Development and Reform Commission, the country's powerful economic planning agency.
“The measures taken have been positive and efficient,” said Mr Zhang.
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