Cotton output touches 6mn tons in 2006

01 Mar '07

3 min read

2. Industrial Production Increased Rapidly with Improved Economic Returns. In 2006, the value added of industrial sector was up by 12.5 percent over the previous year. Of this total, the value added of the industrial enterprises above the designated size was up by 16.6 percent (up by 14.7 percent in December), of which the growth of the heavy industry increased by 17.9 percent and 13.8 percent growth for light industry. The sales ratio was 98.1 percent for the industrial enterprises above the designated size. In 2006, the amount of profits made by those enterprises was 1,878.4 billion yuan, an increase of 31.0 percent.

3. Fast Growth Was Registered in Fixed Assets Investment with the Drop of Growth Rate. In 2006, the total investment in fixed assets reached 10,987.0 billion yuan, a year-on-year growth of 24.0 percent, with a drop of 2.0 percentage points over the previous year. Of this total, the fixed assets investment in urban areas was 9,347.2 billion yuan, up by 24.5 percent, a drop of 2.7 percentage points (1,416.0 billion yuan for December, up 13.8 percent), and that in rural areas was up by 21.3 percent. Of the fixed assets investment in urban areas, the Central Areas enjoyed a 33.1 percent growth, which was 0.4 percentage point higher while the growth rates in Eastern and Western Areas dropped by 3.4 and 4.7 percentage points, or the year-on-year growth was 20.6 percent and 25.9 percent respectively. The total investment in the real estate development for the year was 1,938.2 billion yuan, a year-on-year growth of 21.8 percent, which was 0.9 percentage point higher than that in the previous year.

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National Bureau of Statistics of China

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