China's industrial production may slow this quarter due to global economic slowdown, reports said Tuesday citing a statement by Ministry of Industry and Information Technology.
The Ministry reiterated that it targets an industrial production growth of 11 percent this year. Last year, output grew 13.9 percent.
China's industry is facing an increasingly complicated domestic and international environment with increased unstable and uncertain factors, the ministry said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.