China is set to take further actions, including speeding up the issuance of local government special bonds and expediting the promotion of large-scale equipment renewal and trade-in deals for consumer goods, as it seeks to consolidate the recovery trend, the country's top economic regulator said on Tuesday.

Li Chao, a spokeswoman for the National Development and Reform Commission, emphasized the country's commitment to sustaining the recovery and optimizing the structure of the manufacturing sector. More efforts will be made to foster new quality productive forces, boost high-quality development of the manufacturing sector, expand effective investment and spur consumption, she said.

Li told a news conference on Tuesday that the country will "make better use of ultra-long-term special-purpose treasury bonds to support major national strategies and build up security capacity in key areas, accelerate the issuance and use of local government special bonds and speed up the implementation of the central budget investment plan".

From January to April, the NDRC approved 50 fixed-asset investment projects worth 320.7 billion yuan ($44.32 billion) in all, mainly in the high-tech and water conservancy sectors. The NDRC approved 20 fixed-asset investment projects worth 115.2 billion yuan in April.

To stimulate domestic consumption, the country will further implement policies prioritizing employment stability and income growth, alongside initiatives to drive large-scale equipment renewal and trade-in deals for consumer goods, Li said. "This will include incentives for encouraging spending on consumer goods like cars, home appliances and cellphones, promoting new consumption scenarios and formats, as well as encouraging enterprises' application of advanced and applicable technologies for (digital) transformation and upgrading."