Industrial Production News
- China's value-added industrial output up 12.5 pct in 2006
Date: 25-Jan-2007 Sources: (Xinhua Online)
Value-added output of all industrial enterprises in China grew 12.5 percent year-on-year in 2006, according to data released Thursday by the National Bureau of Statistics.
Major enterprises, each with an annual sales volume of at least five million yuan (641,025 billion U.S. dollars), posted a growth of 16.6 percent in value-added industrial output from the year-earlier level, the bureau said.
Of the major enterprises, heavy industrial enterprises had their value-added output increase by 17.9 percent, and light industrial ones' value-added output, up 13.8 percent.
Last year, the major industrial enterprises realized a sales-against-production ratio of 98.1 percent and garnered 1,878.4 billion yuan (240.8 billion U.S. dollars) in combined profits, up 31.0 percent from the year-earlier level, the bureau added.
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