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Industrial production in China is growing for the third consecutive month
Despite the fact that China’s overall economic growth in the first quarter of 2014g. decreased by 7,4%, China's industrial production growth has been going on for the third month in a row.
Because of the sharp decline in the beginning of the year, the Chinese leadership was forced to take a number of measures to stimulate the economy.
The State Federation of Logistics and Procurement of the People's Republic of China reported 1 June 2014. That the index of business activity rose to 50,8 point - this is 0,4 points higher than in April. The indicator of business activity is measured from 0 to 100, values above 50 mean improvement of the situation.