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Industry dealing with a sluggish economy

By Wang Zhuoqiong | China Daily | Updated: 2014-08-15 07:23

The papermaking industry in 2014 is expected to remain slow in terms of growth due to the lack of stimulus policies for related industries, according to an industry leader.

Zhao Wei, secretary general of China Paper Association, told China Daily on Tuesday that the expected recovery in the first six-months of 2014 did not happen and the situation will remain stagnant in the second half.

Papermaking relies on many other industries as customers, said Zhao, saying the packaging of a refrigerator requires various paper products. But the slowdown in many industries this year has affected papermaking companies.

Industry dealing with a sluggish economy

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