China economy poised for 'sustainable' growth

The Chinese economy could stage a sustainable recovery this year, as domestic consumer demand starts to strengthen in addition to the government stimulus package, analysts said.

With the help of a massive fiscal stimulus and strong bank lending, the domestic economy is posting a gradual recovery after GDP growth dipped to 6.1 percent in the first quarter this year.

In parallel, property and auto sales have been surprisingly robust so far, beating the market expectation that demand for durable goods could be weak amid the global recession.