China: Logistics information centre predicts record growth of production goods.

(From BBC Monitoring International Reports)

(New China News Agency)

Beijing, 13 April: China's production goods market has maintained hectic trading and the sales volume is expected to hit 9,000bn yuan (1,087bn US dollars) this year, a record growth rate of 20 per cent year-on-year, according to the China Logistics Information Centre.

During the first quarter of the year, the sales volume of production goods topped 2,000bn yuan (240.93bn US dollars), 22.5 per cent more than a year earlier, an all-time high in recent years.

Robust domestic economic growth and demand for basic materials …