China's automobile manufacturing sector logs steady expansion in 2023
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
Celebrity birthdays for the week of May 26
Celebrity birthdays for the week of May 26-June 1:May 26: Sportscaster Brent Musburger is 85. Drumme2024-05-21Truck driver who ignored detour warnings, caused traffic chaos may be charged
The truck got struck at a hairpin bend on Cove Road, sparking hours of traffic chaos. Photo: Supplie2024-05-21VOX POPULI: Professionalism will be the key to successful ride
“How did you get here? I heard all the roads to Gwangju are blocked,” a local reporter asks a German2024-05-21Department of Conservation set to lose scientific expertise in job cuts
The fairy tern is among New Zealand's the country's most endangered birds. Photo: Supplied / Darren2024-05-21What a blast to work at NASA. Space agency is sky
WASHINGTON (AP) — Exploring the cosmos makes for happy employees, federal workers like to work from2024-05-21Department of Conservation set to lose scientific expertise in job cuts
The fairy tern is among New Zealand's the country's most endangered birds. Photo: Supplied / Darren2024-05-21
atest comment