Economics
Wen Says China Need Measures to Promote Export Growth
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China’s Premier Wen Jiabao urged extra measures to support exports and help meet economic targets as a decline in industrial companies’ profits added to evidence that the nation’s slowdown is deepening.
“The third quarter is a crucial period for realizing full-year targets on export growth,” Wen said during an inspection tour of Guangdong, the nation’s biggest exporting province, the official Xinhua News Agency said Aug. 25. Industrial profits fell 5.4 percent in July from a year earlier, the statistics bureau said today.