Wang predicted the machinery sector would reach a 15 percent growth in output and sales values this year,abercrombie paris, with profits likely to grow 10 percent.

BEIJING,louboutin, Jan. 27 (Xinhua) -- Both output and sales values of China's machinery industry exceeded 10 trillion yuan (1.46 trillion U.S. dollars) last year,louboutin pas cher, the China Machinery Industry Federation (CMIF) said here Wednesday.

From January to November last year,coach handbags, the sector's profits reached 581.6 billion yuan,abercrombie and fitch paris, up 22.8 percent year on year.

Output value reached 10.75 trillion yuan in 2009,abercrombie, up 16.07 percent from the year earlier. Sales value was 10.48 trillion yuan, up 16.11 percent,coach outlet,said Wang Ruixiang,moncler, the CMIF director.

The auto sector was the "engine" that drove the overall growth of the industry last year,doudoune moncler, said Wang,abercrombie and fitch, adding nearly 30 percent of output value of the machinery industry was generated by automakers.

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