Beijing Registers Rapid Industrial GrowthThe 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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