Recovery set to gain further momentum

China's economic recovery is poised to accelerate during the rest of the year as last month's better-than-expected economic readings have added to signs that the economy had bottomed out, experts said on Friday.

However, the lingering weakness of the real estate market and private investment indicates that more property easing and fiscal and monetary stimulus measures are still likely in the offing in order to consolidate the stabilization in economic growth, they said.

The National Bureau of Statistics said on Friday that the country's industrial production and retail sales quickened last month, beating market expectations, while the urban jobless rate edged down.