HOHHOT, Oct. 18 (Xinhua) -- China's plastic products industry posted a 9.5 percent year-on-year rise in output value to reach 677.6 billion yuan (99.2 billion U.S. dollars) in the first eight months, according to figures from the China Plastics Processing Industry Association.

    The figure was revealed at a national plastic industry forum held Saturday in Baotou city, northern Inner Mongolia Autonomous Region.

    Liao Zhengpin, chairman of the association, told the forum that China's plastic industry realized stable growth this year, in despite of the impact of the global financial crisis.

    In the first eight months, profits of the nation's plastic products industry was 28.2 billion yuan, representing an increase of 16.34 percent from the same period last year, said Liao.

    Output volume during the January-August period rose 7.36 percent from the same period last year to 27.82 million tonnes.

    Liao expected the country's plastic products industry to maintain stable growth in the fourth quarter of this year, with a double-digit growth rate.

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