Shanghai Industry Registers High Growth Rate

Industrial enterprises in Shanghai, China's economic center, reported a profit of 5.45 billion yuan for the first quarter of this year, up 43.1 percent year on year.

The municipality's industrial sector registered a sales rate of 97.1 percent, a 0.36 percentage points higher than the corresponding period last year, according to official statistics.

Exports of industrial commodities stood at 26 billion yuan in the three-month period, up 28.3 percent on an annual basis.







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