Wednesday, April 12, 2000, updated at 10:22(GMT+8)
Business
China's Industry Reports Strong Growth in First Quarter
China witnessed an industrial added value of 501.2 billion yuan in the first quarter of this year, surging 10.7 percent year on year, the National Bureau of Statistics said Tuesday.
During the period, state-owned and state-owned holding enterprises reported an added value of 300.9 billion yuan, up 8.6 percent on an annual basis.
Spurred by the state investment in infrastructure construction, the growth of heavy industries jumped by 11.5 percent, 1.7 percentage points higher than that of light industries.
Sales of industrial products increased by 17 percent over the same period last year, with exports soaring 27.6 percent.
China witnessed an industrial added value of 501.2 billion yuan in the first quarter of this year, surging 10.7 percent year on year, the National Bureau of Statistics said Tuesday.
