Beijing - Analysts on Monday welcomed China's announcement of a major package of measures to stimulate domestic demand but warned that economic growth was still likely to slow next year.

"While these measures cover a wide range of areas, the clear focus is government-financed or mandated investment and construction," Hong Kong-based economist Tao Wang of UBS Investment Research said in a report to clients.

"Public housing and infrastructure are likely to receive the biggest push," Wang said.

"These public projects will help to boost overall investment sentiment and bring about more bank lending," he said.

Beijing  - Shares on China's main stock market jumped by more than 7 per cent on Monday after the government announced a major package of measures to stimulate domestic demand and buffer the economy against the effects of the global financial crisis.

The key Shanghai Composite Index, which measures shares traded in local and foreign currencies, gained 127.09 points, or 7.27 per cent, to end the day at 1,874.80 points.

Beijing, Nov 10 : An earthquake measuring 6.3 on the Richter scale hit the Qinghai Province, in northwest China, at 9:22 today, though no casualties was reported.

According to news agency Xinhua, the epicenter was in the Mongolian-Tibetan Autonomous Prefecture of Haixi, about 716 km from provincial capital Xining.

Exactly an hour after the quake, the Qinghai provincial seismic network monitored an aftershock measuring 3.9 hit the same area, the news agency quoted the National Seismic Network as saying.

Beijing  - An earthquake measuring 6.3 on the Richter scale hit China's remote north-western province of Qinghai on Monday, the government said.

The quake struck at 9:22 am (0122 GMT) with an epicentre in Qinghai's Haixi prefecture, an area mainly inhabited by Mongolians and Tibetans, some 700 kilometres from the nearest city, Golmud, the China Earthquake Administration reported.

The epicentre was close to the Da Qaidam salt lake at an altitude of 4,000 metres on the Tibetan Plateau, in an area with a population of about 16,000.

Be

Beijing - China on Sunday announced a major package of measures designed to stimulate domestic demand and buffer the economy against the effects of the global financial crisis.

The government would spend an estimated 4 trillion yuan (588 billion dollars) on infrastructure projects, reduce some taxes and loosen bank lending requirements, the official Xinhua news agency reported.