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China may further increase its fiscal budget deficit and adopt more accommodative monetary policies to shore up growth if the economy faces greater uncertainties and renewed downward pressure in the second half of the year, former officials and economists said on Thursday.
China launched a new round of debt-to-equity swap programs in 2016, aiming to reduce debt ratios by allowing creditors to take equity stakes in place of debt repayments, to avoid pushing debtors into default.

China launched a toilet revolution across the country in 2015 with an aim to make such facilities cleaner and better regulated.
China urged the United States to immediately stop its "unsafe, unprofessional and unfriendly dangerous military activity" after a US Navy surveillance plane flew in airspace over the East China Sea on Sunday.
China will accelerate steps to develop the industrial internet and publish a guideline to promote the digitalized, intelligent and internet-powered development of the nation's manufacturing sector, said a leading official on Monday.
来源:资阳报