China's industrial output expected to grow around 6% in 2016
[BEIJING] China's industrial output is likely to grow around 6 per cent in 2016 from a year earlier, the same pace as in 2015, the country's industry ministry said on Thursday.
China's Ministry of Industry and Information Technology (MIIT) also expected the data to be round 6 per cent this year, according to a statement on the ministry's website.
Official data showed China's output grew 6.2 per cent year-on-year in November, quickening from October's 5.6 per cent and beating expectations of 5.6 per cent.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China says Hamas and Fatah express will for reconciliation
US consumer confidence at lowest level since 2022
Record gold prices boost recycling: WGC
Malaysian fast food operator QSR shelves IPO plans amid boycott campaign: sources
WHO warns of bird flu risk spreading to cows outside US
Sri Lanka’s key inflation rate rises to 1.5% in April