久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

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: 国产美女自拍视频 | 亚洲第一成年免费网站 | 亚洲日本欧美产综合在线 | 国产步兵社区视频在线观看 | 中文字幕成人在线观看 | 国产精品线在线精品国语 | 久久99精品热在线观看15 | 欧美精品三级在线 | 日韩国产一区二区 | 高清一本之道加勒比在线 | a久久99精品久久久久久不 | 亚洲免费国产 | 欧美三级香港三级日本三级 | 久久99精品这里精品3 | 在线精品视频在线观看高清 | 成人羞羞视频国产 | 国产精品怡红院在线观看 | 亚洲视频手机在线观看 | 成人a毛片在线看免费全部播放 | 毛片激情永久免费 | 国产午夜一级淫片 | 美女黄色免费看 | 欧美日韩免费一区二区在线观看 | 日本道久久 | 国产在线播放一区 | 欧美激情成人网 | 成人在线不卡 | 一级一片 | 国产99视频精品免费观看9e | 一区二区三区日韩 | 真人一级毛片全部免 | 国产精品久久久久a影院 | 亚洲欧美日本韩国综合在线观看 | 国产在线手机视频 | 亚洲精品人成在线观看 | 黄色免费看片网站 | 一级毛片牲交大片 | 亚洲精品久久一区影院 | 成年男女男精品免费视频网站 | 在线网站黄色 | 三级毛片在线 |