Monday, December 26, 2011

China expects the growth of industrial output 11% in 2012

China expects the growth of industrial output 11% in 2012

Minister of Industry said on Monday that China's expected GDP growth
China's industrial 11 percent in 2012, down from a growth rate estimated at 13.9 percent for the year
2011.

The state radio quoted the Minister of Industry and Information Technology, Miao Yu as saying that
Industrial growth of China in 2012 "not optimistic", partly because of uncertainty in
The global economy.

He added that China will develop guidelines in 2012 to accelerate the integration processes and integration in
Industry sectors such as steel, automobiles and cement.

State radio said on its website that the Miao was giving his remarks during the
Annual work conference of the Ministry of Industry.

Forex

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