China's industrial output growth might contract further

Note: This section contains information in English only.
Source: China.org.cn

Chinese industrial production growth may see further slowdown reaching around 11% next year, according to Miao Wei, Minister of Industry and Information Technology. The industrial value-added production expansion is likely to approach 14%, down from 15.7% growth last year. The country will stimulate the development of industrial sector by credit and fiscal policies to escape plunge in the industry growth, he added.

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