日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Industrial output to drag economic growth in China in 2016

By Gao Yuan (China Daily) Updated: 2015-12-25 07:30

Industrial output to drag economic growth in China in 2016

Workers at the production line of Anhui Jianghuai Automobile Co Ltd in Hefei, capital of Anhui province. [LIU QINLI / FOR CHINA DAILY]

Minister warns of 'long-term struggle' as country shifts to higher-quality future

Industrial output could well be the millstone for China's economic growth this year, an industry watchdog said on Thursday.

The annual expansion rate for industrial output will be around 6 percent this year, well below this year's GDP growth, which is likely to be about 7 percent, the Ministry of Industry and Information Technology said, adding that such a situation was happening for the first time in nearly two decades.

The ministry said year-on-year industry growth for next year would be about 6 percent, a strong indication that economic recovery may face more headwinds.

Miao Wei, minister of Industry and Information Technology, blamed weaker exports for the slowdown and said there has no significant recovery in the sluggish demand from domestic and overseas markets.

"The idea that the country will regain rapid growth through stimulus moves is not practical," Miao said. "We have to be prepared for a long-term struggle (that the industry output will maintain a slow growth)."

Industrial output has been a key driver for the Chinese economy since the data were made available in 1998, with the growth rate outpacing the GDP even during the global financial crisis in 2008, according to data from the National Bureau of Statistics.

Zhu Haibin, chief China economist at United States investment bank JPMorgan Chase & Co, said a slowdown in manufacturing sector could challenge China's growth prospects.

"The services sector growth will continue to outperform the manufacturing sector," Zhu said.

Industrial output has been falling since 2010 when the year-on-year growth rate peaked at 15.7 percent.

Factories that make textiles, steel, cement, sheet glass and automobiles were powering the growth but now, many have become liabilities and are facing a glut situation.

Miao warned that some emerging sectors such as robot making are already heading toward an overcapacity situation. He said more than 30 industrial parks in the country are charting plans to assemble robots, while demand for such products is still small.

"The country needs quality output and not low-level assembly jobs involving key components purchased from abroad," Miao said.

Industrial output to drag economic growth in China in 2016

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 在线a视频 | 91黄色免费看 | 日韩一级一区 | 美日韩视频 | 国产男人的天堂 | 久久国产香蕉视频 | 一级黄色片网址 | 99久久精品国产成人一区二区 | 中国2018年最新最好看的字幕 | 91在线观看免费高清 | 国产91页 | 久久av喷吹av高潮av | 放几个免费的毛片出来看 | 国产一区视频在线播放 | 久久在线视频 | 欧美一级淫片aaaaaa | 中文字幕第二区 | 亚洲一区二区三区欧美 | 一本久久综合 | 精品视频亚洲 | 久草最新视频 | 99久久久久久久久 | 午夜探花在线观看 | 亚洲国产精品免费 | 国产精品永久免费视频 | 国产午夜一区二区 | 五月婷婷在线观看视频 | 免费毛片播放 | av密臀| 精品国产黄色 | 一级无毛片 | 久久久久久久久久久97 | 亚洲69av | 二区三区四区视频 | 午夜秋霞网 | 日韩在线观看网站 | 久久艹影院 | 日韩视频网 | 日韩午夜伦 | 大地资源第二页在线观看高清版 | 国产毛片视频 |