You will hear an interview talking about China’s manufacturing. For each question(23-30), mark one letter(A, B or C)for the

You will hear an interview talking about China’s manufacturing.
For each question(23-30), mark one letter(A, B or C)for the correct answer.
After you have listened once, replay the recording.
You have 45 seconds to read through the questions.
[Pause]
Now listen, and mark A, B or C.
Woman: Manufacturers in China are now confronted with dramatically slacking demand. Then what’s the reason?
Man: Well, you know, overseas markets, which absorbs the majority of Chinese products, have been cutting orders since November — not only the major buyers of the G3, the storm eye of the current global crisis, but more so emerging economies, where deep troubles are only beginning.
Woman: Are there any specific signs reflecting the weakened demand?
Man: Yes, firstly the weakened demand is mirrored in idle capacity. The fourth quarter of 2008 had seen negative 7.1 percent growth in electricity consumption, compared to the year prior. Downstream industries, such as textiles and chemical fibers, have been leading the contraction starting early last year. Upstream industries, including the nonferrous metal and transportation equipment, followed quickly, retrenching electricity consumption by over 20 percent. Using less electricity means less production. Therefore, January’s industrial value added is very likely to fall from December, which probably means negative GDP growth as well.
Woman: In the battle against the economic slowdown, China has designed stimulus plans for ten manufacturing industries: textile, light industry, electronics and information, logistics, automobile, shipbuilding, machinery, steel, nonferrous metals and petrochemicals. Then where are the industries suffering from?
Man: As you say, China has designed to boost ten major industries. The industries suffering most from overcapacity are: Shipbuilding — Much in line with the rest of the world, China’s new orders have fallen behind deliveries since October, a situation not seen in more than five years. Petrochemical — The apparent petrol consumption(production plus imports minus exports)has decreased year-on-year since November, while inventories have piled up by 47.3 percent in 2008 compared with a year ago.
Electronics & Information — A pillar export industry, the electronics and information industry used 60 percent of its capacity for export production. Turnover in this industry shrank by 0.1 percent and 2.4 percent in November and December year-on-year, a strong sign of over-capacity as the fourth quarter is traditionally the peak season.
Woman: What’s the result of over-capacity to the factories?
Man: As both international and domestic demand weakens, many factories find that they don’t need as much capacity as they have, and have to downsize their payrolls or cut wages, making life harder for workers. However, the ten stimulus plans seem to have neglected the key problem entirely. Instead of clearing excess, outdated inventory, the expansionary measures in the plans might lead to even more inventory buildup as they create an illusion of beefed-up demand.
Woman: Is there any strategies for these industry factories?
Man: The good news is that a sluggish market could allow for industry consolidation, which would improve an industry’s efficiency as a whole. Such consolidations should be carried out through market competition, free from government intervention. However, policies, such as a favourable tax regime and financial support, are needed to help businesses weather the painful process. Still, the most important factor in ensuring the success of these policies is a strong domestic market. Without that, the ten industries stimulus plans as well as the 4 trillion yuan investment package announced last year might well be another "bubble blower".