health

China's automobile manufacturing sector logs steady expansion in 2023

Font size+Author:Global Genesis news portalSource:opinions2024-05-21 21:32:08I 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
  • Jerry Seinfeld's stand

    Jerry Seinfeld's stand

    2024-05-21 21:12

  • China to establish national park at Qinghai Lake

    China to establish national park at Qinghai Lake

    2024-05-21 20:24

  • As Japan's yakuza weakens, police focus shifts to unorganized crime hired via social media

    As Japan's yakuza weakens, police focus shifts to unorganized crime hired via social media

    2024-05-21 19:27

  • Dodgers demote struggling OF James Outman to the minors as part multiple roster moves

    Dodgers demote struggling OF James Outman to the minors as part multiple roster moves

    2024-05-21 19:11

Netizen comments