China steps up support for power equipment industry

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

BEIJING : China's industry ministry on Monday outlined a series of actions aimed at helping its power equipment industry achieve annual growth of 9 per cent this year and next, by stepping up domestic purchases and boosting exports. China is the world's top producer of many types of electrical power equip

BEIJING : China's industry ministry on Monday outlined a series of actions aimed at helping its power equipment industry achieve annual growth of 9 per cent this year and next, by stepping up domestic purchases and boosting exports.

"Despite the vigorous demand, in the short term, the industry's revenue growth in the second half of the year is under pressure to fall, while uncertainties remain in the overseas environment," it said. It said it will accelerate the launch of verification platforms for large-scale wind turbine blades and will support innovative products.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU

Australia Australia Latest News, Australia Australia Headlines