Big Companies Industrial Value Added Up 9.9% in Jan-Feb 

Big Companies Industrial Value Added Up 9.9% in Jan-Feb

BEIJING, Mar 11, 2013 (Menafn - SinoCast Daily Business Beat via COMTEX) --Big-sized companies posted an actual year-on-year growth of 9.9% in industrial value added for the first two months of 2013, 0.4 percentage points smaller than the growth in Dec 2012.

Their industrial value added for Feb 2013 expanded by 0.79% from the previous month.

Companies owned and controlled by the government saw their industrial value added leaped 5.8% in the first two months; collectively-owned companies, 6.5%; joint-stock companies, 11.4 %; and those backed by foreign investors, Hong Kong investors, Macau investors and Taiwanese investors, 7.7%.

Industrial value added in the heavy industry went up 10.2% from a year earlier and that in the light industry advanced 9.1%.

Industrial companies booked 97.9% in sales rate of products for the first two months, up 0.4% from a year ago. Their export value amounted to CNY 1.547 trn, a nominal growth of 7.8% year on year.

Source: www.stcn.com (March 11, 2013)

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