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Industrial growth of Chongqing ranks 8th in 1st quarter of 2011

Industrial growth of Chongqing ranks 8th in 1st quarter of 2011

Write: Dae [2011-05-20]

CHONGQING (CQNEWS) -- On April 20, 2011, Chongqing Statistics Bureau released that the added value growth of the above-scale industrial enterprises in Chongqing reached 21% in the first quarter of 2011, 0.9 percentage point higher than those of January and February, ranking the 8th in China and the 3rd in western China.

The comprehensive economic profit index of the above-scale industrial enterprises was 219.6 in January and February and the production and marketing rate of Chongqing key industries has reached 98.3% in the first quarter of 2011, up 0.6 percentage point year on year, exceeding the average level of Chongqing.

The following factors may contribute to the rapid industrial growth: product price hike, industrial structure adjustment and a batch of new projects putting into operation. (Translated by Wei Longfeng, Fathom Language Limited)