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

Business / Macro

China's industrial profits improve in Jan-July

(Xinhua) Updated: 2014-08-28 10:35

BEIJING - Chinese industrial businesses saw faster growth in profits in the first seven months of this year thanks to lower costs and the country's growth-stabilizing measures, official data showed on Thursday.

Total profits of industrial companies rose 11.7 percent year on year to reach 3.34 trillion yuan ($542 billion) during the January-July period, accelerating 0.3 percentage points from the first half of the year, the National Bureau of Statistics (NBS) said.

China's industrial profits improve in Jan-July
China's July industrial output up 9%
China's industrial profits improve in Jan-July
Infographic: China's economic performance in H1, 2014
 
Core business of those industrial companies contributed to about 93.3 percent of total profits, or 3.13 trillion yuan, according to the NBS.

In July alone, industrial companies reaped combined profits of 482.33 billion yuan, which was 13.5 percent larger than a year ago. But the July growth was 4.4 percentage points lower than that in June, indicating that the momentum has yet to be consolidated.

He Ping, an NBS statistician, said measures adopted by the government to stabilize economic growth have helped industrial companies keep steady growth in their sales revenues.

Price declines in raw materials also improved the profitability of downstream industries, He said.

In the January-July period, the industrial firms' profit margin of core business stood at 5.54 percent, down from 5.57 percent in the January-June period.

The NBS data showed that about four-fifths of the profits came from the manufacturing sector, which posted an annualized increase of 15.6 percent with a combined profit of 2.69 trillion yuan.

The mining sector, however, saw its total profits fall by 13.2 percent year on year in the first seven months, narrowing from a decline of 14.6 percent in the January-June period.

Foreign-funded enterprises and companies with funds from Hong Kong, Macao and Taiwan posted the strongest growth in profits during the first seven months, with an annual increase of 16.1 percent, compared with 15.3 percent in the first half of the year.

In contrast, profits by State-owned and State-holding industrial enterprises expanded only 6.3 percent to 869.13 billion yuan, marking slower growth compared to their private or joint-stock peers.

 

Hot Topics

Editor's Picks
...
...
七台河市| 治县。| 和政县| 特克斯县| 香港| 乌拉特前旗| 宜丰县| 陆良县| 武宁县| 芜湖市| 绩溪县| 长治县| 宜州市| 黑龙江省| 双峰县| 大理市| 屏东市| 余江县| 象州县| 岐山县| 横山县| 顺义区| 拉萨市| 阿拉善左旗| 子洲县| 抚顺市| 安宁市| 彰化县| 娄底市| 绿春县| 大余县| 宁都县| 汝南县| 洪洞县| 温州市| 丰镇市| 太和县| 含山县| 霞浦县| 仙游县| 明光市|