China's Industrial Output Growth to Exceed 11Pct

China's industrial output growth will exceed the targeted 11 percent all through the year, despite a possible slowdown in the second half.

China's industrial output growth will exceed the targeted 11 percent all through the year, despite a possible slowdown in the second half, said spokesman Zhu Hongren for the Ministry of Industry and Information Technology (MITT) Tuesday.

The country's industrial value-added output rose 13.7 percent in June year-on-year, down from a 16.5-percent increase in May.

The industrial output growth in China is cooling after the government cracked down over-expanding of high energy-consuming industries, said Zhu Hongren.

The decline of growth is moderate and caters to the lawmakers' wish to restructure the industry and speed up the transformation of development pattern, he added.