Industry on recovery path in H1
By Wang Xing | China Daily | Updated: 2009-07-23 07:57
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Workers operate the assembly line at the Changan Ford Mazda Plant in Nanjing. Bloomberg News |
China's industrial sector showed signs of recovery in the first half of this year as the government economic stimulus started to take effect. But excess production capacity, weak overseas demand and sluggish private investment were still hampering a full recovery of the country's economy, analysts said.
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