BEIJING, Feb. 28 (Xinhua) -- Solid progress was made in the structural reform of China's economy last year, with traditional sectors becoming more efficient and new growth drivers stronger, an official report showed Thursday.
The National Bureau of Statistics published a communique on the economic and social development in 2018, noting that the supply-side structural reform deepened.
Thanks to effort to downsize glutted sectors, the national industrial capacity utilization ratio remained at a relatively high level of 76.5 percent. New economic engines were robust, with strategic emerging industries up 8.9 percent year on year in total output.