health

China's automobile manufacturing sector logs steady expansion in 2023

Font size+Author:Stellar Stories news portalSource:health2024-04-30 15:21:43I want to comment(0)

(Xinhua) 10:09, February 14, 2024BEIJING, Feb. 13 (Xinhua) -- China's automobile manufacturing indus

(Xinhua) 10:09, February 14, 2024

BEIJING, Feb. 13 (Xinhua) -- China's automobile manufacturing industry registered robust growth in 2023, data from the China Association of Automobile Manufacturers showed.

Last year, the sector's industrial added value soared 13 percent year on year, 8 percentage points higher than that for China's overall manufacturing industry, according to the association.

The combined operating revenue of this sector came in at 10.1 trillion yuan (about 1.42 trillion U.S. dollars) in 2023, jumping 11.9 percent from the previous year.

The total profits of companies in the sector also rose 5.9 percent on a yearly basis to 508.63 billion yuan, the data revealed.

Related articles
  • 8th Aswan int'l women film festival opens in Egypt

    8th Aswan int'l women film festival opens in Egypt

    2024-04-30 15:07

  • Premier League clubs vote unanimously for major new change to the offside rule

    Premier League clubs vote unanimously for major new change to the offside rule

    2024-04-30 14:43

  • NZDF warns government again it is in dire state

    NZDF warns government again it is in dire state

    2024-04-30 14:23

  • ULTIMATE GRAND NATIONAL GUIDE: Mail Sport's expert gives his verdict on all 34 runners

    ULTIMATE GRAND NATIONAL GUIDE: Mail Sport's expert gives his verdict on all 34 runners

    2024-04-30 13:11

Netizen comments