Growth in China's investment, retail sales and factory output all missed forecasts in January and February and fell to multi-year lows, leaving investors with little doubt that the economy is still losing steam and in need of further support measures.
The figures came a day after data showed deflationary pressures intensified in the factory sector in February, reinforcing expectations of more interest rate cuts and other policy loosening to avert a sharper slowdown in the world's second-largest economy.
Industrial output grew 6.8% in the first two months of the year compared with the same period a year ago, the National Bureau of Statistics said on Wednesday, the weakest expansion since the global financial crisis in late 2008.
Analysts polled by Reuters had forecast a 7.8% rise, down slightly from December.
Retail sales rose 10.7% the lowest pace in a decade and missing expectations for a 11.7% rise.
Fixed-asset investment, a crucial driver of the Chinese economy, rose 13.9%, the weakest expansion since 2001 and compared with estimates for a 15% gain.
