China's cabinet pledges to roll out more measures to spur economic growth

China's cabinet met on Friday to discuss measures to spur growth in the economy, state media reported, pledging to roll out policy steps in a timely way amid signs that a post-COVID recovery is fading. "We must take more effective measures to enhance the momentum of development, optimize the economic structure and promote the sustained recovery of the economy," state media said, citing a regular cabinet meeting chaired by Premier Li Qiang. Officials at the meeting pledged to roll out policies in a timely manner when the conditions are right and to take more forceful measures in response to changes…