BEIJING--China's value-added industrial production will likely
grow around 8.3% this year, Miao Wei, minister of industry and
information technology said Monday.
That would be lower than last year's growth of 9.7%.
China's industrial growth has been slowing this year hit by
overcapacity, a property market downturn and the government's
efforts to clean up the polluted air. Value-added industrial output
rose 8.3% over the first 11 months of the year.
The government will give out licenses for the LTE-FDD, or
Long-Term Evolution Frequency Division Duplex, standard for
fourth-generation mobile phone networks "when conditions are ripe,"
the minister said in a statement, without giving details.
Write to Liyan Qi at liyan.qi@dowjones.com
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