China's Economy in a New Growth Cycle

At present China’s industrialdevelopment structure isexperiencing a historic change.Some industries,such as real estate,autoindustry,mechanical industry and cityconstruction,are developing quickly andhave driven China’s economy into a newincrease period.At "China’s IndustrialDevelopment Fomm"cosponsored by theIndustrial Economic Reseamh Departmentof the State Council and Northeast SecuritiesCo.,Ltd.,Liu Shijing,Director of theDepartment of Industrial EconomicResearch of the State Council,expresses theabove opinion. Liu Shijing says,the appearance of thenew fast-growth industries have gradually