| Development | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tuesday,November 08,2005 Posted: 16:02 BJT(0802 GMT) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In 2004, state-owned industrial enterprises and non-state enterprises with annual turnover exceeding five million yuan achieved industrial added value of 5,480.5 billion yuan and realized profits of 1,134.2 billion yuan, representing 16.7 percent and 36 percent year-on-year rises respectively, and revealing a gratifying simultaneous improvement in speed, quality and benefit. Since 1996, China has led the world in the production of steel, coal, cement, farm-use chemical fertilizer and television sets. Increase in Outputs of Major Industrial Products
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