Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

China eyes 8% GDP growth in 2010
Published on: 2009-12-21
Share to
User Rating: / 0
PoorBest 


China's government will aim for economic growth of about 8% next year, even as it faces a tougher time boosting domestic consumption as a driver of growth, its industry minister said on Monday.

The government has not yet officially announced its gross domestic growth target for next year, but 8% has been its official aim for the past several years.

"According to the economic growth target of about 8% decided by the central government, we target industrial output growth at about 11%," Li Yizhong, Minister of Industry and Information Technology, said in a work conference broadcast on the ministry's website.

Li said earlier that he expected industrial output to grow 11% this year as well. He added that exports would fall by about 17% this year.

Industrial production in the first 11 months was up 10.3% from the same period last year, with growth in November alone at 19.2%.

Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2022 BusinessTianjin.com. All rights reserved.