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09 Aug
06:39

Chinese engineering industry maintains strong second-half growth

The Chinese engineering industry could see industrial added value and total profits both increase by around 8% year-on-year in 2017, according to the China Machinery Industry Federation (CMIF). 94 out of 119 products that it monitors saw production increasing in the first half-year, 45 of which had previously seen output decline. Over H1 China's engineering industry added-value and total profits rose by 10.9% and 14.69% y-o-y respectively. CMIF says the sect…
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