- New export orders fell at the fastest rate in 42 months
- China still likely to achieve annual growth target of 7.5%
- Some expect more stimulus measures during upcoming public holiday
More Stimulus Measures Needed
"However, the sharper contraction of new export orders and the lingering pressures on job markets mean that Beijing should step up easing to support growth and employment," he added.
"Fiscal measures should play a more important role in the coming months".
Authorities this year have tried to boost the economy with interest rate cuts and by lowering the amount of cash banks must keep on hand in a bid to spur the kind of lending that could stimulate stronger growth.
There are expectations that the government will take the upcoming week-long public holiday as an opportunity to introduce a new round of stimulus.
China's economic growth slowed to 7.6% in the three months through June, the sixth straight quarter of weakening expansion and the worst result since the height of the global financial crisis.
Weak economic data in the current third quarter have raised fears China's growth may have slowed for a seventh straight quarter when gross domestic product figures are released next month.
Problems in the broader global economy, including Europe's prolonged debt crisis and a sluggish recovery in the United States -- both major trading partners for China -- have been a drag on growth.
Premier Wen Jiabao said this month that China is still likely to achieve its annual economic growth target of 7.5%. Even so, that would mark a significant slowdown from 9.3% growth in 2011 and 10.4% in 2010.
The commerce ministry said this month that China faced "enormous difficulties" in meeting its target to maintain 10% growth in trade this year, citing weak overseas demand as the world economy remains under pressure.
Dow Jones Newswires contributed to this report.
Copyright Agence France-Presse, 2012
