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12.61%, 3.2%, 13.66% of the money were injected into the city's electro mechanical, pharmaceutical, and urban industry segments, hiking 121.01%, 62.14%, 49.61% year on year, respectively.
Beijing plans to start 38 key industrial projects in 2009, which are estimated to involve a total investment of CNY 30.6 billion, generate sales revenue of CNY 42.9 billion a year, and lift the proportion of local modern and hi-tech manufacturing by about 20 percentage points. 18 of the projects will start in the second half.
In addition, Beijing is ambitious to lift its annual automaking output value to CNY 240 billion by 2012. Local pharmaceutical industry plans to invest CNY 505 million in eight key projects in the coming two years, and is estimated to make an output of CNY 54 billion next year.
Source: www.hexun.com (August 27, 2009)
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