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| Author: | Liu, Zheng |
| Title: | An analysis of the trends of China's industrial development in 1997 (original in Chinese) |
| Journal: | Global Market Information Guide (c)
1997 : 2, p.12 |
| Index terms: | INDUSTRIAL DEVELOPMENT ECONOMIC FORECASTING CHINA |
| Language: | chi |
| Abstract: | The industrial growth rate will be around 15% in 1997. The basic situation is to rise within stability. It is attributed to the following: 1. The central government will continue to practise a moderately tight policy. 2. It continues to curb inflation. 3. The investment in fixed assets is estimated to rise by 20-25% over last year. 4. The pull of demand for consumption to industrial production will also be upward within stability. The effect of export on industrial growth will slow down. It is estimated that the growth rate of energy industry will stand at 5-6% and that of iron and steel industry will rise again, but there still exist problems in product mix and varieties. The machine- building industry will grow by 10%. Agricultural machinery market will have a good prospect. In the light and textile industries, supply will exceed demand. |
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