Experts call for efforts to expand demand

Overall price levels in China are likely to rise, from moderately to significantly, as domestic demand is expected to improve amid a series of policy measures aimed at boosting consumption and increasing investment, experts said.

They also said the decline in the nation's producer price index, or PPI, which gauges factory-gate prices, is expected to have further slowed down, perhaps on a large scale, in May.

However, they have called for more measures to expand aggregate demand, highlighting the persistent imbalances of supply and demand in the economy.