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Home >> Business
UPDATED: 17:20, October 24, 2005
China's industrial production up 16.3 percent
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China's industrial production grew by 16.3 percent in the past three quarters to 5,045 billion yuan (622.8 billion US dollars), according to the National Bureau of Statistics (NBS) Monday.

In September alone, China's industrial production came to 627.5 billion yuan, up 16.5 percent.

The sales and production were well linked in the first nine months with the sales ratio in enterprises above designated size standing at 97.86 percent, the same level as that of a year earlier. The export delivery of industrial enterprises totaled 3372.4 billion yuan in the quarters, up 28.6 percent year on year.

Relatively rapid growth of between 18.7 percent to 26.9 percent was registered for the industrial added value of the ferrous metals mining industry, farm produce processing, textile and clothing manufacturing industry, ferrous metals smelting and pressing industry, food processing industry, communication devices, computer and other electronic devices, and chemical materials and the related processing industry.

Output of coal, electricity and steel products rose 10.2 percent, 13.4 percent and 25.8 percent year on year, respectively.

The output of motor vehicles increased 10.0 percent, of which, that of sedans was up 17.7 percent.

Source: Xinhua


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