国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

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
...
...
方城县| 合肥市| 精河县| 桐梓县| 滨州市| 荃湾区| 珠海市| 鄂托克旗| 疏附县| 鄄城县| 谢通门县| 扬中市| 南溪县| 辽中县| 南丹县| 前郭尔| 连江县| 海口市| 边坝县| 凌海市| 将乐县| 仁化县| 文山县| 嘉义县| 正定县| 宿松县| 日照市| 许昌县| 陆丰市| 康定县| 咸阳市| 禄丰县| 霍城县| 清苑县| 多伦县| 利辛县| 博爱县| 老河口市| 惠来县| 南丹县| 茶陵县|