Fiscal policy to play larger growth role

Strategic sectors to benefit from govt measures to boost expansion

Fiscal policy is expected to play a larger role in supporting second-half GDP growth, while the scope of "targeted" monetary easing may expand, Bank of China Ltd's research unit said in a report on Wednesday.

The report, released by the Institute of International Finance, said that although growth in recent months has stabilized, downward pressure has persisted, so more supportive policies are needed.