Figures show slow industrial growth
By Chen Jia | China Daily | Updated: 2014-11-14 09:02
Economists say reduction in 2015 GDP goal appears increasingly likely
Industrial production and fixed-asset investment growth continued to soften in October, which economists said may now persuade China's top leaders to set a lower GDP growth target for next year if momentum remains sluggish.
Industrial output growth, a key indicator in GDP growth targets, edged down to 7.7 percent year-on-year during the month, from 8 percent in September, the second-lowest level this year, the National Bureau of Statistics said on Thursday.
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