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"Fiscal policy has always responded to large shocks but there is now a question about whether the threshold for intervention should be lowered."

"Given that the downtrend in economic growth had largely eased by the end of the first quarter, the aggregate ROE of A-share companies has probably hit the bottom," said Xu Gao, chief economist at Everbright Securities Asset Management Co Ltd.

"Haven't been using English much since I left college," said Chen, who graduated from China's prestigious Tongji University in Shanghai. "I now feel the pressure to pick it up using spare time."

"For migrant workers like me, I think the policy is good, as we are able to have a better understanding of our body condition," Yang said.

"Fiscal policy must contribute to achieving these goals through a progressive and efficient taxation system, and effective and equitable public spending," the report said.