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Industrial sector sees 16 percent growth in April
(Xinhua)
Updated: 2005-05-18 18:29

The added value of China's large- and medium-sized industrial enterprises increased 16 percent year- on-year to 564.7 billion yuan (68.2 billion US dollars) in April, according to a report released by the National Bureau of Statistics Wednesday.

The added value of the heavy industrial sector rose 16.5 percent to 391.3 billion yuan (47.3 billion US dollars), 1.6 percentage points higher than the growth rate of the light industrial sector.

The output of electricity went up 12.7 percent; raw coal, up 5.4 percent; pig iron, up 34.4 percent; steel, up 25.4 percent; rolled steel, up y 23.7 percent; cement, up 9.6 percent, plate glass, up 8.2 percent; aluminium, up 22.3 percent; and aluminum oxide, up 14.7 percent over the same month of last year.

The output of microcomputers grew 68.5 percent with the output of notebook computers up 104.2 percent. The output of displays went up 44.7 percent and printers, 40.3 percent. The output of video cassette recorders and black-and-white TV sets fell 61.1 and 37.8 percent, respectively.

The production of automobiles rose 6.8 percent as a whole, withsedans up 6.8 percent.

The month of April also witnessed a 29.9-percent growth in the value of goods for export delivered by large-and medium-sized enterprises, at 379.2 billion yuan (45.8 billion dollars) and a 97. 9-percent sales ratio of industrial goods, 0.47 percentage points higher than that of last April.

The first four months of the year witnessed a total added valueof the large-and medium-sized industrial enterprises across China of more than two trillion yuan (244.1 billion US dollars), increasing 16.2 percent year-on-year.

The large-and medium-sized enterprises comprise all state-ownedand non-state owned ones whose annual sales exceed 5 million yuan (604,5945 dollars).

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