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Date: 2013-07-31

Economic Interest of China Manufacturing Industry Soar in 1st Quarter

A recent industrial report shows that in the 1st quarter economic interest of manufacturing industry increased stably due to the lowering price of raw material and ever-expanding demand. It can be noticed that profit in producing lift vehicles, metal processing machines and various meters increased at an amazing speed.

During the 1st quarter, industrial output value of general manufacturing was RMB0.269 trillion, increased by 27.73% from last year, 1.94 percentage points lower than last year; industrial output value of special manufacturing was RMB0.157 trillion, increased by 32.6%, 15.62 percentage points higher than last year.

For the industry of metal processing machines and lift vehicles, their industrial output value increased by 32.12% and 33.81%, increasing rate increased by 4.56 and 16.53 respectively in percentage points.

Total profit of general manufacturing industry was RMB13.973 billion, up 45.72%, 14.25 percentage points higher; those figures for the special manufacturing industry were RMB6.708, up 60.3% and 57.93 percentage points higher respectively.

Profit for lift vehicle industry was RMB1.748, up 75.37%, 62.9 percentage points higher than last year; figures for metal processing machine industry were RMB983 million, up 58.1%, 45.52 percentage points higher.


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