China Securities Journal: China GDP may grow about 6.8% in Q2 - MORE

We had the headline earlier via Bloomberg: China Securities Journal: China GDP may grow about 6.8% in Q2

MNI have a little more now:

• From the State Information Center, a government think-tank, in its latest research report
• The SIC expects growth to stabilize in the second half, with full-year growth seen around 7.0%
• Said the government needs to step up policy efforts to stabilize growth, including more rate and deposit reserve ratio cuts
• Called on the PBOC to guide appropriate yuan depreciation against the US dollar
• Also suggested PBOC lend to the China Development Bank to expand loans for public housing and infrastructure construction