Beijing • China's economy improved in the latest quarter but faces "downward pressure," and Beijing will increase the strength of targeted policy measures to shore up growth, the country's premier said Monday.
Speaking at a news conference with visiting German Chancellor Angela Merkel, Premier Li Keqiang gave no indication how fast the economy might have grown in the three months ending in June after expanding by 7.4 percent the previous quarter.
"China's economic performance in the second quarter has been improved from that in the first quarter. However, we cannot lower our guard against downward pressure," Li said.
Manufacturing grew in June at its strongest pace this year, but the expansion was weaker than normal.