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| Industrial profits up 45.7% Jan-April |
| | www.chinaview.cn 2004-05-26 16:20:28 |
BEIJING, May 26 (Xinhuanet) --
China's industrial firms reported 334.2 billion yuan (40.4 billion US dollars)
in profits in the first four months this year, up 45.7 percent from a year
earlier, according to a monthly report released by the National Bureau of
Statistics (NBS).
The NBS said that 38
out of the country's 39 major categories of industrial sectors recorded growth
in profits on a yearly basis.
According to the report, the
ferrous metal mining sector registered a yearly growth rate of 698 percent,
non-metal mineral products 220 percent, and ferrous metal smelting 129
percent.
China's industrial firms generated a combined sales volume of 5.3202 trillion yuan (643.3 billion US dollars) from January to April, up 34 percent year-on-year. Enditem |
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