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China's fiscal measures, including tax relief and direct subsidies for the epidemic control work, have been included in the G20's trillion economic stimulate plan, it said.
China's economy expanded 6.9 percent year on year to 82.71 trillion yuan (about .8 trillion) in 2017, higher than the 6.7-percent growth registered in 2016, official data showed.
China's economy "remains strong despite the growth slowdown in recent years," said ADB Chief Economist Yasuyuki Sawada, adding that favorable fiscal reforms at the start of the year, particularly on personal income tax and social security, will help alleviate the adverse effects of anticipated weaker wage growth and boost domestic consumption.
China's growth in the leisure sector is a story of supply and demand: a large population with increasing income and desire for travel and leisure across a large land mass with ever-better transportation infrastructure, the report said.
China's consumer price index (CPI), the main gauge of inflation, grew 4.3 percent year-on-year last month, moderating from 5.2 percent in February as economic activities including transport and logistics gradually recovered after effective epidemic containment in the country, according to data from the National Bureau of Statistics.
来源：资阳报