Premier Lin Chuan said Friday that he may propose new measures to boost investment within the next two weeks. The announcement comes after Prime Minister Shinzo Abe of Japan announced a 28 trillion yen stimulus package.
The premier said he had met with senior finance ministry officials in the morning to discuss how to boost investment from government, state enterprises and the private sector.
"This morning I invited heads of the finance ministry to exchange ideas, we hope in the next one to two weeks to have some more concrete proposals and plans on how to stimulate investment," said Lin.
"I have also asked the National Development Council and the central bank to make some suggestions. We will meet again within a week and set some of these thoughts down and present them to the public at the right time."