Main business income of China's bike industry to increase by over 10 pct

BEIJING, Dec. 5 (Xinhua) -- China's major bike companies saw their profits surge 36.8 percent year on year during the first 10 months of the year to 6.91 billion yuan (about 1.1 billion U.S. dollars), according to data from the China Bicycle Association.

Meanwhile, revenues jumped 22.4 percent from a year ago to 159.61 billion yuan, the data showed.

The main business income of the country's bicycle indust