An expert from the World Bank has applauded China for its massive stimulus package, saying it will assist the nation's economy in surviving the current global economic downturn.

Louis Kuijs, a senior economist from the World Bank, believes China will be able to successfully implement it's recent economic policies.

"China's government has shifted its policy stance - fiscal and monetary easing. And China's government is on course to introduce and announce further initiatives both fiscal initiatives and also further monetary easing. So we think that China can actually undertake these expansionary fiscal policies. We think that this means that China should continue to do better than most other countries in 2009."

He also said the 580 billion US dollar package is a wise move as it focuses more on people's livelihoods.

"The government when facing the slowdown, can do two things. It can try to beef up overall spending to make sure that economic growth continues or it can use and strengthen the social safety net, for instance, to temporarily help out people who are losing a job before they find a new job."

The economist said China has a well developed social security system, although there is urgency to expand its coverage. He also called on the government to ensure that all eligible, poor, rural citizens receive the benefits they are entitled to.