USEUROPEAFRICAASIA 中文双语Français
Home / China

Industry faces recovery fight

By Wei Tian | China Daily | Updated: 2013-04-24 07:58

Industry faces recovery fight

The country's industry is still in a protracted struggle for recovery and for a shift to better serve domestic consumers, according to information provided by the Ministry of Industry and Information Technology on Tuesday.

In the first quarter, industry saw 9.5 percent value-added growth year-on-year, slower than the 10 percent seen in the previous quarter, and even slower than the 11.6 percent in the first quarter of 2012.

Economists warned that the sector's slower growth may force the country to rely more on growth driven by capital investment, resulting in an even greater challenge to its plan to rely increasingly on domestic consumption.

Industry faces recovery fight

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US