Slowing economic growth and shrinking energy consumption mean that meeting the government's ambitious goal for renewable energy consumption will remain a tough challenge as China's energy sector embarks on a restructuring program in the coming five years.
Positive sales momentum for China's property sector, a major pillar for economic growth, will continue in the last quarter of 2015, Moody's Investors Service said Thursday.
Given looming downward pressure and ongoing economic restructuring, a lower average annual growth target of 6.5 percent will be acceptable and attainable for the world's second largest economy in the next five years, according to analysts.
They also see the next five years as crucial for China's financial industry as the country will continue to push domestic financial reforms.
Winning sectors
- Information technology
- High-end manufacturing
- New-energy vehicles
- Railway transp...
Chinese investment in a nuclear project in Britain is just a glimpse of how the world's second-largest economy will continue to expand its investment overseas.