BEIJING : China's industry ministry on Monday outlined a series of actions aimed at helping its power equipment industry achieve annual growth of 9 per cent this year and next, by stepping up domestic purchases and boosting exports. China is the world's top producer of many types of electrical power equip
BEIJING : China's industry ministry on Monday outlined a series of actions aimed at helping its power equipment industry achieve annual growth of 9 per cent this year and next, by stepping up domestic purchases and boosting exports.
"Despite the vigorous demand, in the short term, the industry's revenue growth in the second half of the year is under pressure to fall, while uncertainties remain in the overseas environment," it said. It said it will accelerate the launch of verification platforms for large-scale wind turbine blades and will support innovative products.
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