--FILE--Un travailleur chinois examine une pile de produits en acier à une usine de transformation de l'acier dans la ville de Huaibei, east Chines la province de l'Anhui, le 4 avril 2014. Je
--FILE--A Chinese worker examines a stack of steel products at a steel processing plant in Huaibei city, east Chinas Anhui province, 4 April 2014. Industrial output in China rose slightly in May, while housing sales showed further weakness, part of a mixed economic picture for the worlds second-largest economy. Economists said the data indicate that recent government support measures are having an effect after the economy showed sluggish growth in the first quarter, expanding by 7.4% year-over-year compared with 7.7% in the last quarter of 2013. Industrial production and fixed-asset investment figures show the economy has stabilized, said Industrial Bank economist Lu Zhengwei. It looks like growth will meet the governments target of about 7.5% for the year. Value-added industrial output in May was 8.8% from a year earlier, accelerating slightly from an 8.7% year-over-year increase in April, according to data provided by the National Bureau of Statistics on Friday (13 June 2014). Mays growth matched the median 8.8% gain forecast by 15 economists in a Wall Street Journal survey. But industrial production was less impressive on a month-on-month basis, increasing 0.71% in May compared with April, when it climbed 0.82% from the preceding month.
