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According to the National Bureau of Statistics, the national industrial enterprises above designated size realized profits of 2.6 trillion yuan from January to August, a year-on-year increase of 55%. Among the industrial enterprises above designated size, state-owned and state-controlled enterprises realized profits of 842.3 billion yuan, up 67.5% year-on-year. The collective enterprises realized a profit of 47.1 billion yuan, an increase of 35.8% over the previous year; the joint-stock enterprises realized a profit of 1405.6 billion yuan, an increase of 53.4%; and the foreign-invested enterprises of Hong Kong, Malay, and Taiwanese businesses realized a profit of 744.1 billion yuan, an increase of 54.5%. Private companies realized profits of 671.5 billion yuan, a year-on-year increase of 50.9%.
Among the 39 major industrial sectors, the profits of 36 industries increased year-on-year, one industry turned losses, and the profits of the two industries declined. Including petroleum and natural gas extraction, ferrous metal mining, chemical raw materials and chemical manufacturing, chemical fiber manufacturing, ferrous metal smelting and rolling processing, nonferrous metal smelting and rolling processing, transportation equipment manufacturing, and communications The profits of industries such as equipment, computers and other electronic equipment manufacturing, electricity, heat production and supply industries rose year-on-year, while those of petroleum processing, coking, and nuclear fuel processing industries fell 31% year-on-year.
In addition, according to the National Bureau of Statistics’s announcement, from January to August, industrial enterprises above designated size realized main business income of 43.1 trillion yuan, an increase of 33.4% year-on-year, an increase of 4.8 percentage points from the first five months. At the end of August, the receivables of industrial enterprises above designated size were 5.98 trillion yuan, an increase of 24% year-on-year, an increase of 2.1 percentage points from the end of May.
Prior to this, on September 26, according to the industrial and economic performance report issued by the Ministry of Industry and Information Technology, in August, the industrial economy continued to maintain a stable operation, and the trend of a drop in production growth at a high level was obviously slowed down. From January to August, the value added of industrial enterprises above designated size increased by 16.6% year-on-year, and the growth rate accelerated by 8.5 percentage points year-on-year, down 1 percentage point from the first half of the year.
From January to August, the profit of industrial enterprises above designated size increased by 50% over the same period of last year
On the morning of September 27th, the National Bureau of Statistics released an announcement stating that from January to August, the industrial enterprises above designated size realized profits of 2.6 trillion yuan, a year-on-year increase of 55%, and the rate of increase was 6.1 percentage points lower than that in the first seven months.
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