India, June 16 -- China's industrial production expanded at a slightly slower pace in May, the National Bureau of Statistics reported on Monday.
Industrial output logged an annual growth of 5.8 percent in May after rising 6.1 percent in April. That was also marginally below the 5.9 percent growth expected by economists.
Industrial production maintained a stable growth trend in May, but the external environment is changing in a complex way, domestic effective demand is still weak, and industrial enterprises are under pressure to make profits, the agency said.
Among three major categories, manufacturing output grew 6.2 percent from last year, and the mining industry advanced 5.7 percent. The output produced in the utility sector was 2.2 pe...