Commodities and Futures News

China to make plans to stabilise growth of 10 sectors, including auto, steel

07/18/2023
Less than a minute

2023.07.18 22:44


© Reuters. FILE PHOTO: A worker checks steel wires at a warehouse in Dalian, Liaoning province, China May 15, 2017. REUTERS/Stringer/File Photo

BEIJING (Reuters) – China will formulate plans to stabilise growth in 10 sectors, including auto and steel, Zhao Zhiguo, spokesperson for the Ministry of Industry and Information Technology, told a press conference in Beijing on Wednesday.

China’s industrial sectors face difficulties and challenges such as insufficient demand and declining revenues, according to the ministry.

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07/18/2023
Less than a minute

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