Industry contributed 49% to economic growth in 2010
Updated: 2011-02-25 15:58
By Cai Muyuan (chinadaily.com.cn)
The industrial added value of all above-scale industries increased 15.7 percent year-on-year in 2010, 4.7 percentage points higher than last year's figure, the Securities Times reported, citing a report released Thursday by the Ministry of Industry and Information Technology and Chinese Academy of Social Sciences.
Statistics showed that the profits from above-scale industries hit 3.88 trillion yuan ($590.2 million) in the first eleven months of 2010, up 49.4 percent year-on-year, according to the newspaper.
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