ecns [expanded by feedex.net]: China's bicycle output down in May

ecns [expanded by feedex.net]

ecns

China's bicycle output down in May
http://www.ecns.cn/business/2014/07-12/123796.shtml
Jul 12th 2014, 04:31





2014-07-12 13:31 Web Editor: Gu Liping


China produced fewer bicycles in May than a year ago as a growing number of Chinese prefer to own cars, according to data from the Ministry of Industry and Information Technology (MIIT).


China's two-wheeled bicycle output dipped 0.1 percent year on year to reach 5.15 million units in May, while electric bicycle production fell 4.8 percent from the previous year to 2.25 million units, according to the MIIT data.


For the first five months, China produced 24.17 million units of two-wheeled bicycles, up 1.9 percent year on year, while electric bicycles declined 2.2 percent to 9.51 million units.


China is in transformation from a nation of subsistence farmers to one of workers who are increasingly trading their bicycles for cars. Automobile output and sales both exceeded 11 million units in the first half of 2014, according to the China Association of Automobile Manufacturers.









ShareX





QQ Miniblog




bSync




Sina Miniblog





Qzone


Sohu Miniblog


Xinhua Miniblog


Shou Ji


Netease MB


Kaixin001


Douban




phone fast transmit


Renren


Tianya


IFeng MB


QQ Friends


WeChat


QQ friend





More... (133)


bShare







You are receiving this email because you subscribed to this feed at https://blogtrottr.com

If you no longer wish to receive these emails, you can unsubscribe here:
https://blogtrottr.com/unsubscribe/qhG/Zc7fXt