China's industrial enterprises are forecast to turn out 16 percent more added value this year than in last year, official sources said Wednesday.

The Economic Operation Monitoring Bureau under the State Development and Reform Commission (SDRC) said at a press conference that the profits of industrial enterprises were expected to exceed 750 billion yuan (US$91b) for the whole year.

A report released by the bureau said the total profits of industrial enterprises for the year 2003 were expected to grow more than 35 percent over 2002.

Close

Today's Top News		Top Business News
+WHO: Bird flu death rises to 15; vaccination recommended (2004-02-05) +Solana: EU ready to lift China arms embargo (2004-02-05) +Nation tops TV, cell phone, monitor production (2004-02-05) +Absence ... still makes China hot (2004-02-05) +Hu: Developing world in key role (2004-02-04)		+KFC: We operate normally in China despite bird flu outbreaks (2004-02-05) +Starbucks takes aim at China chain (2004-02-05) +Former Microsoft China chief gets new job (2004-02-05) +Private airline prepared for take off (2004-02-05) +Investors lured by call of siren (2004-02-05)