Growth of value-added industrial output

(Xinhua)
Updated: 2007-01-25 10:05

BEIJING -- Value-added output of all industrial enterprises in China grew 12.5 percent year-on-year in 2006, according to data released Thursday by the National Bureau of Statistics.

Major enterprises, each with an annual sales volume of at least five million yuan (US$641,025 billion), posted a growth of 16.6 percent in value-added industrial output from the year-earlier level, the bureau said.

Of the major enterprises, heavy industrial enterprises had their value-added output increase by 17.9 percent, and light industrial ones' value-added output, up 13.8 percent.

Last year, the major industrial enterprises realized a sales-against-production ratio of 98.1 percent and garnered 1,878.4 billion yuan (US$240.8 billion) in combined profits, up 31.0 percent from the year-earlier level, the bureau added.



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