综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China's Sept industrial profit growth decelerates to 7.7%

Xinhua | Updated: 2016-10-27 10:52

China's Sept industrial profit growth decelerates to 7.7%

A worker assembles a robotic arm at a factory in Foshan, Guangdong province. [Provided to China Daily]

BEIJING -? China's industrial profits rose 7.7 percent year on year to 577.13 billion yuan ($85.25 billion) in September, official data showed Thursday.

The growth rate was slower than the 19.5-percent increase registered in August, according to the National Bureau of Statistics (NBS).

The NBS attributed the deceleration to slowing profit growth of electronics, steel and power sectors as well as the weakening effect of a low base.

"The September deceleration shows that industrial profits return to stable growth," said NBS statistician He Ping.

In the first nine months of the year, industrial profits expanded 8.4 percent year on year, same as the January-August period.

The bureau's calculations include companies with annual revenues exceeding 20 million yuan.

The NBS statistician said factory prices edged up 0.1 percent year on year in September, ending a 54-month run of declines, which indicated the contradiction between supply and demand in domestic industrial sector is easing.

Mining enterprises turned to gains in September as data showed profits of these companies rose 30.3 percent year on year in September, ending monthly declines since October 2013 and compared to a 25.3-percent drop in August.

Profits of state-owned enterprises (SOEs) increased 47.6 percent in September, the data showed. The growth rate was a new high since January this year.

The data, together with continous declines in inventory, leverage and unit costs, showed the country's ongoing supply-side structural reform drive was productive, said He.

During the first eight months, 31 of 41 industrial sectors reported year-on-year rising profits, with those of the petroleum processing, coking and nuclear fuel processing and the ferrous metal smelting and rolling processing industries both more than doubled.

In contrast, electricity, thermopower production and the supply industry witnessed a 5.7-percent decrease in profits during the same nine-month period. Oil and gas exploitation also posted losses.

Despite the positive profit data, He Ping warned of a grim outlook for industrial enterprises partially due to sluggish demand at home and abroad as well as corporate debt risks.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
凤山市| 沙田区| 连江县| 太仆寺旗| 望江县| 济宁市| 阿克| 新巴尔虎左旗| 乐山市| 西宁市| 汝州市| 阿城市| 囊谦县| 虎林市| 驻马店市| 中西区| 光泽县| 白银市| 化德县| 平江县| 开阳县| 肃南| 泽普县| 玉溪市| 易门县| 阳信县| 亳州市| 将乐县| 大兴区| 塘沽区| 镇平县| 突泉县| 蓝山县| 文安县| 华安县| 大邑县| 乌鲁木齐县| 瑞昌市| 乌拉特后旗| 河南省| 沙雅县|