Experts in the country suggested the Chinese government considers launching a second stimulus package focused on social welfare, including social security and education, in response to the global financial crisis, which was "far from over".

Policies in social welfare, education, healthcare, social security and housing play an important role in controlling the economy, in addition to having a huge impact on the development of society, experts told a summit entitled "China's Social Policy during the Global Financial Crisis", organized by the Chinese Academy of Social Sciences (CASS) in the capital on Monday.

"Creating effective social demand is the permanent cure to the current crisis," said Ding Yuanzhu, a professor at the China National School of Administration.