China's steel industry prosperity index declines in Q1

Tuesday, 26 April 2011 17:14:04 (GMT+3)   |  
       

China's prosperity index for its iron and steel industry in the first quarter of the current year was at 100.3 points, down by 0.5 points compared with the previous quarter.

In the six indicators that constitute the prosperity index, the overall steel industry tax turnover shows an upturn, while the other five indicators (sales revenue, export volume, total profit, total fixed asset investment, and number of employees) indicate declines of varying degrees.

This index is jointly released by the Chinese business newspaper Economic Daily and the economic monitoring center of China's National Bureau of Statistics.


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