07:33 GMT, Wednesday, 18 March 2009
The World Bank has cut its prediction for China's economic growth in 2009 to 6.5% from 7.5%
China's communist rulers have said they are prepared to offer more stimulus spending in order to achieve the 8% growth target.
However, China would still do better than other economies, and its stimulus plans were beginning to inspire confidence, the bank said.

According to the latest World Bank global forecasts, published in December, the world economy is set to expand at a weak annual rate of 0.9% in 2009, with a 0.1% contraction in developed economies offset by growth in developing countries of 4.5%.

A Chinese government think tank this month forecast first-quarter growth would slow to 6.5%, from a 6.8% pace in the fourth quarter last year.