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Revenues of the automobile manufacturing sector in China increased in the first quarter of this year
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[rtl]Baghdad/ NINA /The combined business revenues of China's automobile manufacturing sector rose to 2.25 trillion yuan (about 316.85 billion US dollars) in the first quarter of this year, an increase of 6.2 percent over the same period last year.
The latest data issued by the China Association of Automobile Manufacturers indicated that the industrial value added to the sector during the mentioned period increased by 9.7 percent on an annual basis, an increase of 3 percentage points compared to the manufacturing sector in China.
The data revealed that the total profits of companies in the sector increased by 32% in cent on an annual basis, reaching 103.95 billion yuan.”/End2[/rtl]
The latest data issued by the China Association of Automobile Manufacturers indicated that the industrial value added to the sector during the mentioned period increased by 9.7 percent on an annual basis, an increase of 3 percentage points compared to the manufacturing sector in China.
The data revealed that the total profits of companies in the sector increased by 32% in cent on an annual basis, reaching 103.95 billion yuan.”/End2[/rtl]
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