Spending may get shot in the arm

Experts see cash injection in key areas as vital to reach economic stabilization

Accelerating government expenditure in the second half of this year could be another option for China's policymakers as they pursue the goal of economic stabilization, amid the reining in of credit expansion.

Fiscal spending growth may outpace that of fiscal revenue from the third quarter, with strengthened investment in high-tech sectors and some basic public services such as education, Zhang Lianqi, a consultant to the Ministry of Finance and a partner with Ruihua Certified Public Accountants, told China Daily on Monday.