You are here

China says industrial sector under pressure

Tuesday, January 27, 2015 - 10:40

[BEIJING] China's vast industrial sector - traditionally a mainstay driver of the economy - faces downward pressure, the country's Ministry of Industry and Information Technology told reporters on Tuesday.

"As the economy enters the new normal, the industry sector faces increased downward pressures, unreasonable structures, weak innovation capability," said Mao Weiming, a vice minister at the ministry.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom