BEIJING, Oct. 26 (Xinhua) -- The industrial added
value of China's major industrial enterprises grew by 18.5 percent in the first
nine months compared with the same period last year.
The growth rate was the same as the second quarter
and 0.2 percentage points higher than the first quarter, National Bureau of
Statistics (NBS) said here on Friday.
The added value is officially defined as the
industrial output value minus costs for intangible production, such as
marketing, interest, fixed assets depreciation and maintenance and repairs.
During the period, 97.85 percent of the output was
sold, 0.07 percentage points lower than the same period last year, said the NBS
without elaborating.
Meanwhile, delivered exports totaled 5.22 trillion
yuan, up 21.8 percent.
Industrial added value rose by 16.3 percent in the
textile sector, 24 percent in non-metal minerals products and 22.9 percent in
ferrous metals smelting and pressing.
The output of coal rose by 11 percent from a year
earlier while crude oil rose by 1.4 percent, electricity by 16.4 percent and
rolled steel by 24 percent.
The output of automobiles increased by 23.6 percent
to 6.77 million units, of which, that of sedans was up 24.7 percent to 3.61
million units.
Major enterprises are those with an annual sales
volume of at least five million yuan. (One U.S. dollar equals 7.48 yuan)
