China's economy shows initial signs of recovery: stats bureau

DEC 11, 20152:57 PM

[BEIJING] China's economy is showing early signs of recovery and there will be more positive signs in coming months as government support policies gain traction, the National Bureau of Statistics (NBS) said on Friday.

Sheng Laiyun, spokesman of the NBS, said there was a high possibility that China's production recovered in November due to improved domestic demand, according to a statement on the agency's website.

Sheng reiterated that he was fully confident that China could reach its economic growth target of around 7 per cent in 2015.

REUTERS