国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

Industrial output slowdown a 'new normal'

By Gao Yuan (chinadaily.com.cn) Updated: 2014-12-22 11:47

China's industrial activity cooled down in 2014 as a key indicator slowed to its lowest point since data was first made available in 1998. The industry watchdog warns of a "continuous slowdown of growth" in the coming years as the country strives to find new economic boosters.

The value-added output grew 8.3 percent in this year, the second consecutive year with a single-digit rate, the Ministry of Industry and Information Technology (MIIT) said on Monday. The growth rate in 2013 was 9.7 percent.

Miao Wei, Minister of MIIT, said China's industry growth will be at "intermediate speed" in the foreseeable future as economy slows. The ministry has set the next years's target at around 8 percent.

"A moderate growth will be the 'new normal' as the country faces strong challenges in lifting growth while tackling overcapacity in industries such as steel, cement and flat-glass," he said.

Miao called for a heavier use of high-technologies in various sectors, including chip-making, telecommunications and clean-energy automobile manufacturing.

Industrial value-added output measures the final output value of industrial production, or the value of gross industrial output minus intermediate input, such as raw materials and labor costs. The statistics only include industrial manufacturers with more than 20 million yuan ($3.2 million) in annual revenue.

China enjoined high industrial production growth over the past decade with the growth rate of value-added output peaked in 2007 at 18.5 percent. Slowing export and domestic demand has dragged the figure since 2012.

 

Hot Topics

Editor's Picks
...
古丈县| 达孜县| 邢台市| 克东县| 阜南县| 高唐县| 长垣县| 宁化县| 哈尔滨市| 宁海县| 建昌县| 大同市| 贺兰县| 巫山县| 莒南县| 乡宁县| 策勒县| 衡山县| 逊克县| 托里县| 临桂县| 嫩江县| 青河县| 衡阳市| 临城县| 渝北区| 邳州市| 旬阳县| 弋阳县| 青铜峡市| 汕尾市| 静乐县| 云安县| 左云县| 兴业县| 临城县| 临沂市| 盐池县| 邹城市| 乡宁县| 潍坊市|