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Production Grows Rapidly in Industrial Base
Northeast China's Liaoning Province, one of the country's traditional industrial bases, reported rapid growth in industrial production in 2002.

The province's industrial sector achieved added value of 233.11billion yuan (US$28.22 billion) last year, up 9.8 percent from the previous year, provincial statistics show.

The sales incomes of major state-owned and private enterprises with yearly sales over five million yuan (US$0.6 million) topped 490.48 billion yuan (US$59.3 million), up 15.3 percent on a yearly basis.

Light industry and heavy industry production generated 98.61 billion yuan (US$11.9 billion) and 391.87 billion yuan (US$47.44 billion), up 16.7 and 14.7 percent respectively over that of 2001, statistics show.

State-owned enterprises topped 307.49 billion yuan (UA$37.2 billion), up 14.4 percent from the previous year, according to the bureau.

Manufacturing industry accounted for 42.8 percent of the province's economy compared with 37.4 percent the previous year.

(Xinhua News Agency February 9, 2003)


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