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Slowdown hammers growth at local level

By Zheng Yangpeng | China Daily | Updated: 2014-10-28 07:26

Traditional bases for heavy industry grapple with impact of overcapacity

Of the 19 provincial-level governments that have released GDP data covering the third quarter, 12 reported a slowdown as overcapacity in traditional industries took a toll.

Provincial-level governments commonly release GDP data shortly after the central government unveils the national figure, which was 7.3 percent in the third quarter.

Slowdown hammers growth at local level

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