SHANGHAI, July 17 China's State Council, or
cabinet, pledged at a meeting on Wednesday to further promote
targeted economic stimulus steps, the China Securities Journal
reported on Thursday, quoting a report by the official Xinhua
The government would also support railways, urban
infrastructure and irrigation projects.
The policy pledge comes after China posted slightly better-
than-expected economic growth of 7.5 percent in the second
quarter of this year, as a burst of government stimulus paid
dividends, while analysts said Beijing would likely need to
offer more support to meet its annual growth target as the
property market slows.
(Reporting by Lu Jianxin and Fayen Wong; Editing by Jacqueline