© Reuters. FILE PHOTO: A worker checks steel wires at a warehouse in Dalian, Liaoning province, China May 15, 2017. REUTERS/Stringer/File Photo
BEIJING (Reuters) – China will formulate plans to stabilise growth in 10 sectors, including auto and steel, Zhao Zhiguo, spokesperson for the Ministry of Industry and Information Technology, told a press conference in Beijing on Wednesday.
China’s industrial sectors face difficulties and challenges such as insufficient demand and declining revenues, according to the ministry.