The Business Times
business-time-50

China's industrial sector still faces significant downward pressure

Published Wed, Jul 22, 2015 · 02:23 AM

[BEIJING] China's industrial sector still faces significant downward pressure and "arduous efforts" are needed to stabilise the economy, the Ministry of Industry and Information Technology said on Wednesday.

The ministry also told a press conference that firms in some industries were facing increasing difficulties in making profits.

Official data showed China's factory output growth hit a five-month high of 6.8 per cent in June compared with a year ago.

REUTERS

China economy

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