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.
Photo