Industrial Products Enjoy 18.3% Year-on-Year Increase in 1Q

Resource from: cbcc-yinx Likes:2922

Apr 23,2007

Industrial Products Enjoy 18.3% Year-on-Year Increase in 1Q (State Statistics Bureau source)During the first quarter, scaled industrial enterprises in China (enterprises whose annual operating margin is more than 5 million yuan) have seen a year-on-year increase of 18.3% in industrial added value, recording a sales rate of 97.1%, almost the same as the corresponding period in last year; export of industrial products were 1.4956 trillion yuan, 23.7% higher than last year. Industry distribution: textile industry increased by 17.2%; chemical goods producing industry by 22.1%; non-metal mineral goods manufacturing increased by 23.5%; ferrous metal metallurgy industry increased by 27.5%; general manufacturing industry increased by 23.8%; transportation manufacturing industry increased by 24.9%; electrical products & instruments making industry increased by 19.1%; communication device, computer and other electronical device manufacturing industry increased by 16.9%; power generating & supplying industry increased by 14.5%. Product distribution: output of crude coal, oil and electric power were 494.93 million tons, 46.04 million tons and 7.012 trillion kwh, seeing a year-on-year increase of 14.8%, 1.5% and 15.1% respectively. Output of pig iron, crude steel and steel product were 108.52 million tons, 114.70 million tons and 126.34 million tons, seeing a year-on-year growth of 19.7%, 22.3% and 26.2% respectively. Output of cement was 241.82 tons, 14.5% higher than the corresponding period in prior year. Output of automobiles was 2.25 million, an increase of 22.3%. Of the output, 1.21 million were commercial car, a growth of 32.1%.

(cbcc-yinx)

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