China's Ministry of Industry and Information Technology predicts a 5.7% year-on-year growth in industrial output for the January to December period.
Which seems optimistic based on the data today and prior for 2024:
More:
- is committed to ensuring steady growth in the industrial economy.
- plans to boost efforts to roll out large-scale equipment upgrades and encourage trade-in programs for consumer goods.
- aims to build a supply chain that is both self-reliant and easily manageable.
- intends to create a system to ensure a stable and reasonable level of investment in the manufacturing sector.
