Booming Exports Drive 18.5% Rise In China Industrial Output

March 15, 2007
Production of sedans rose 29%.

Strong exports boosted China's industrial output in the first two months, which led to a rise of 18.5% from the same period a year ago, the National Bureau of Statistics said March 15. The increase marked a spike from the gain of 12.5% in all of 2006 and was also higher than the 16.2% growth posted in the first two months of last year.

Continued strong global demand for Chinese goods was behind the rise, with exports by industrial companies rising 23.6% from a year earlier, the statistics bureau said.

A growing domestic consumer market also helped underpin industrial output, with production of sedans reaching 750,000 units in the first two months, a rise of 29% from a year earlier, it said.

China's government has struggled to curb the construction industry but a 23.8% rise in the production of cement suggested the sector remained vibrant.

Copyright Agence France-Presse, 2007

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2017. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!