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Thursday, March 16, 2006

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Exports lift China's industrial output growth to 16.2pc
3/16/2006
 

          BEIJING, Mar 15 (AFP): Strong exports underpinned growth in China's industrial output to 16.2 per cent in the first two months of 2006 compared with a year earlier, the government said today.
The value-added output for state-owned and large non-state enterprises totaled 1.11 trillion yuan (137 billion dollars), according to the National Bureau of Statistics.
Exports of industrial products rose 24.2 per cent in January and February from a year earlier, the bureau said.
Sedan output jumped 83.1 per cent in the two months, reflecting the importance of the auto industry for the economy as a whole.
Enterprises were able to sell 96.99 per cent of their output, down 0.28 percentage points from a year ago.
The growth in the first two months of this year compared with a 16.9-per cent rise in industrial output in the first two months of last year.

 

 
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