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Appeal made for more affordable housing

Another 200 charging facilities are being installed and will be put into use by the end of this year, Chen said.

Apart from the domestic boom, China-developed mobile games also witnessed positive business performance in the overseas market. According to Game Publishers Association Publications Committee, also known as GPC in China, the overseas sales revenue of China-developed mobile games registered .78 billion in the January-March quarter, seeing a rapid growth of 31.19 percent month-on-month.

Another difficulty is funding. As of the end of last year, the village cooperative was 3.5 million yuan in debt.

Apart from short-term fiscal and monetary policy reactions, China needs to carry out structural reforms to boost productivity growth by further reducing distortions such as those in the allocation of land and capital. Promoting competition and opening-up to encourage greater diffusion of technologies, and stimulating discovery through investment in R&D, including basic research, is also necessary, he said.