Himfr.com Reports That Coal Chemical, Metallurgy and Silicon Material Industries are Developing in a Healthy Way

BEIJING (Map) - BEIJING, Oct. 14 /Xinhua-PRNewswire/ -- Himfr.com one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports that from January to August, three new industries -- coal chemical ( http://www.hardware-wholesale.com/buy-coal/ ), metallurgical and machinery manufacturing ( http://www.hardware-wholesale.com/buy-metallurgical/ ), and silicon materials ( http://www.hardware-wholesale.com/buy-silicon/ ) -- have finished with investments of 7.79 billion yuan. Already accounting for 68.6% of their annual plans, those three new industries are developing in healthy way.

In the first half of this year, the large-scale coal chemical industry (http://www.hardware-wholesale.com/buy-chemical/ ) has achieved an added value of 1.72 billion yuan and a profit of 895 million yuan, representing a year-on- year growth rate of 29.9% and 28.6%, respectively. This year the government is making new investments in the coal chemical, metallurgical and machinery manufacturing ( http://www.hardware-wholesale.com/buy-machinery/ ), and silicon materials industries ( http://www.hardware-wholesale.com/buy-silicon_material/ ) via key municipal projects that are currently under construction. Coal chemical projects have seen investments of 2.5 billion yuan, accounting for 76.2% of their annual investment plan, with a profit reached 1.6 billion yuan so far. The metallurgical machinery manufacturing industry has received investments of 3.7 billion yuan, accounting for 6.1% of their annual investment. While in silicon materials, they have achieved an added value of 2.02 billion yuan and a profit of 1.06 billion yuan, a year-on-year growth of 26.6% and 83.2% respectively.

As these figures demonstrate, it is clear that these three new industries have huge development opportunities in China.