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China's MIIT predicts 5.7% y/y growth in industrial output for January to December


China's Ministry of Industry and Information Technology predicts 5.7% year-on-year growth in industrial output for the period January to December.

Which looks optimistic based on today's and previous data for 2024:

More:

  • committed to ensuring sustainable growth in the business economy.
  • plans to boost efforts to distribute major equipment upgrades and promote trade-in programs for consumer goods.
  • aims to build a supply chain that is both self-sustaining and manageable.
  • intended to create a system to ensure a stable and reasonable level of investment in the manufacturing sector.

This article was written by Eamonn Sheridan at www.forexlive.com.



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