China is targeting growth in industrial output of 11 per cent next year, slowing from an expected 15 per cent pace in 2010, the official Xinhua news agency reported, citing Li Yizhong, minister for industry and information technology.
Li also estimated that investment in industries under the ministry, including information technology, will rise 19 per cent next year, Xinhua said. He gave the forecasts at the annual work meeting of the ministry.
The Ministry for Industry and Information Technology (MIIT) is targeting a 4 per cent reduction in energy consumption per unit of industrial output next year, the report said.
The ministry also aims for an average 10 per cent growth in industrial output over the next five years, and a 16 per cent cut in energy use and emissions per unit of output, Xinhua said.
