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The improved state of China's economy helped the petroleum and chemicals industries to achieve improvements in production, market growth, and increases in exports.
The industry achieved its 3-year target of reversing its losses.
In 2000 the petroleum and chemical industries achieves an industrial added value of Yuan 396.7 bn, up 30% over 1999.
Sales revenue reached Yuan 1428.5 bn, up 19%.
Gross import and export value reached Yuan 72.2 bn, up 49%.
Profits were Yuan 108 bn, up by Yuan 77 bn and an increase of 248% over 1999.
The industry achieves its target for Yuan 30 bn 7 months ahead of schedule.
The product …