New policy for industry stabilization may be developed in China

Almaty. July 26. Silkroadnews - The Ministry of Industry and Information of China plans to develop new policy for industry stabilization in China, reports the Xinhua news agency.
"There will be numerous factors of ambiguity due to weakening of effective demand in the second half of the year in China. The statement was made by Fan Fey, deputy minister of industry and information of China," the message reports.
He said there was considerable improvement of profitability in the industrial companies and acceleration of transformation of the processing industry in the first half of the year.
He indicated stabilization of growth rates in the added cost, created in the industrial field and improvement of economic activity of the industrial enterprises in  the first half year, the loss coefficient amounted to 16.6% and reached the minimal level in the past five years.
He called to develop new policy for industry stabilization, warning about growing ambiguity in the industrial economy in the second half year 2016.