China is considering new steps to boost cooling economic growth and consumer spending, Financial Times reported. Premier Wen Jiabao, said in an interview in London on Sunday that Beijing was considering fresh measures to boost its economy beyond its 4,000 billion CNY (585 billion USD) fiscal package launched late last year. Wen said, "We may take further new, timely and decisive measures. All measures have to be taken pre-emptively before and economic retreat."
