China industrial exports up 15.4% for first 2 months of '08

China's industrial production jumped 15.4 percent year over year in the first two months of 2008, the National Bureau of Statistics announced on March 13, 2008. The sales rate of industrial products reached 97.5 percent, up 0.7 percentage points, from companies with an annual sales income of more than about $704,000. Industrial exports reached $152.5 billion, up 14.8 percent year over year.

Growth rate by sector

• Textile manufacturing: 11.6 percent
• Raw chemical materials and chemical products: 13.3 percent
• Non-metallic mineral products: 19.7 percent
• Smelting and pressing of ferrous metals: 14 percent
• General-purpose machinery manufacturing: 21.9 percent
• Transportation equipment manufacturing: 18.8 percent
• Electromechanical equipment manufacturing: 20.3 percent
• Communication equipment manufacturing: 14.5 percent
• Production and supply of electric power and heat power: 11.8 percent

Industrial product output

• Coal: 360 million metric tons, up 13.4 percent
• Electricity: 516.9 billion kilowatt-hours, up 11.3 percent
• Crude oil: 30.78 million metric tons, up 1.2 percent
• Pig iron: 75.63 million metric tons, up 7.3 percent
• Crude steel: 79.45 million metric tons, up 6.4 percent
• Rolled steel: 89.05 million metric tons, up 12.3 percent
• Cement: 140 million metric tons, down 2.8 percent
• Automobiles: 1.52 million vehicles, up 12.5 percent, including 820,000 cars (10 percent increase year over year)

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