Tokyo | China has promised to spend more to hit growth targets this year, but its latest briefing on stimulus measures has fallen short of expectations as the World Bank warns of a further slowdown next year for the world’s second-biggest economy.

In a much-awaited announcement, the National Development and Reform Commission said on Tuesday it would bring forward 100 billion yuan ($21 billion) of spending from next year’s budget to boost local government investment, but beyond that, it mainly reiterated earlier plans to support migrant workers and new graduates.