Related News
Industrial growth to exceed 10%
Source: Xinhua |
May 22, 2009, Friday
|
Print Edition
Print Edition
CHINA'S industrial output growth is expected to exceed 10 percent in the second half of this year, buoyed by the government's stimulus package and growing domestic demand, according to a report released in Beijing yesterday.
"The overall situation in both heavy and light industries is turning positive," said the report jointly issued by the Ministry of Industry and Information Technology and the Chinese Academy of Social Sciences, a government think tank.
Heavy and light industries maintained slow but stable development in the first four months of this year thanks to the government's 4 trillion yuan (US$586 billion) package and rising domestic demand, said the report.
In China, heavy industry includes mining, electricity, petroleum, chemicals, building materials, and machinery, while light industry includes textiles, food, and pharmaceutical sectors.
Industrial output growth slowed to 7.3 percent year on year in April from 8.3 percent in March, the National Bureau of Statistics said. The figure from January to April was up 5.5 percent year on year.
For April alone, heavy industry output rose 6.9 percent year on year, while that of light industry climbed 8.2 percent, the ministry said.
Heavy industry output rose 4.5 percent during the first quarter, while that of light industry rose 6.8 percent.
"The overall situation in both heavy and light industries is turning positive," said the report jointly issued by the Ministry of Industry and Information Technology and the Chinese Academy of Social Sciences, a government think tank.
Heavy and light industries maintained slow but stable development in the first four months of this year thanks to the government's 4 trillion yuan (US$586 billion) package and rising domestic demand, said the report.
In China, heavy industry includes mining, electricity, petroleum, chemicals, building materials, and machinery, while light industry includes textiles, food, and pharmaceutical sectors.
Industrial output growth slowed to 7.3 percent year on year in April from 8.3 percent in March, the National Bureau of Statistics said. The figure from January to April was up 5.5 percent year on year.
For April alone, heavy industry output rose 6.9 percent year on year, while that of light industry climbed 8.2 percent, the ministry said.
Heavy industry output rose 4.5 percent during the first quarter, while that of light industry rose 6.8 percent.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
