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Friday   9 /27 /2002


Industrial profits up

  

  PROFITS from Chinese industrial enterprises jumped 10 percent, to 324.6 billion yuan (US$39.3 billion) in the first eight months of this year, official figures showed.

  Figures released by the National Bureau of Statistics (NBS) Tuesday showed that the growth rate was up 1.9 percentage points from that of the first seven months of the year.

  From January to August sales of industrial enterprises surged 14.1 percent year-on-year to 6,648.7 billion yuan. The growth rate was 0.5 percentage points higher than in the January-July period.

  The automobile, chemical, coal mining and machinery sectors raked in 20 billion yuan in profits, accounting for 68.1 percent of the total industrial profits.

  (Xinhua)

  

  

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