In the first quarter, China's industrial growth rate continued to decline
In the press conference for the development of the industrial communications industry in the first quarter of 2012 held by the National Development Office, Zhu Hongren, member of the Party Group and Chief Engineer of the Ministry of Industry and Information Technology, stated that the current situation of China’s industrial operation is generally stable, despite the continued growth of the industry in the first quarter. However, from the trend of operations, it is considered to be stable, industrial development has the potential for sustained growth, and downside risks are controllable. Zhu Hong Ren thinks that the internal and external situations facing the current economic operation are still complex and severe. The impact of the continuing downturn in external demand and the degree of difficulty facing the enterprises cannot be underestimated.
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