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Beijing Registers Rapid Industrial Growth
The Chinese capital of Beijing had reported rapid industrial growth in the first half of this year.
The city's industrial added value hit 39.8 billion yuan (US$4.8 billion), up 19.7 percent from the same period of last year, according to sources from a city government work conference.
The high-tech sector had turned into an impetus for the economic growth and achieved an added value of about 1.247 billion yuan (US$150 million), up 35.6 percent.
Industrial enterprises also saw increases in exports, which had gained 1.471 billion yuan (US$178 million), up 41.5 percent.
The fast economic growth is attributed to the successful technical innovation in traditional industrial enterprises, the improved performance of state-owned enterprises and adjustment of the industrial structure and exports.
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