Growth rate may spur more support
By Chen Jia | China Daily | Updated: 2015-09-14 07:57
China's economic growth failed to rebound in August as expected, signaling that the central government may have to introduce more support measures.
The National Bureau of Statistics said on Sunday that industrial output, the main monthly growth measure, rose to 6.1 percent year-on-year last month, up from 6 percent in July, but short of expectations of 6.5 percent.
On Friday, Premier Li Keqiang sent a message to the world at the "Summer Davos" forum in Dalian, Liaoning province, that a slower growth rate is acceptable unless there is turbulence in the job market. Measures introduced to date are sufficient to prevent an economic "hard landing".
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