Industrial economy rose 17 percent last year over the previous year

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Last updated at: (Beijing Time) Sunday, January 18, 2004

Industrial economy rose 17 percent last year over the previous year

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As learned the year 2003 witnessed the situation of the development trend of China's industrial economy where the growth rate was apparently accelerated, benefits remarkably improved, exports increase kept at high level, and economic structure promoted. It is estimated that the increment from above the scale industries would total over 4.1 trillion yuan, about 17 percent higher over the previous year. The growth pace would be about 4.4 percentage point faster than the previous year. The delivery value of the exports wet up over 30 percent, about 7 percentage points higher than that of the previous year. The profits topped 800b. yuan, more than 40 percent up the previous year.

(From Page 1 of the People's Daily on Jan.18)

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