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Brief Analysis to Jan-Jul Economic Returns in Auto Industry

According to statistics from economic targets of 6315 enterprises across the country, China auto industry had a nice development in January to July, 2006. In spite of various drops compared with the first half for some main economic targets growths, there were still significant gains.

First, added value of auto industry was much higher than that of nationwide industries.

Second, earnings of leading businesses kept a rapid growth.

Third, the total profits and revenues maintained a rise.

Forth, growth of net accounts receivable saw a drop and that of capital reserves of manufactured goods increased.



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