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

Industry enjoys profitable month

By Chen Jia in Beijing, Wu Yiyao and Yu Ran in Shanghai | China Daily | Updated: 2013-06-28 03:59

Industrial enterprises registered a strong profit growth last month, offering an uptick for the world's second-largest economy, which has been experiencing a slowdown.

Industrial profit growth rebounded to a three-month high in May, due to lower raw material prices and faster expansion of domestic market demand, the National Bureau of Statistics said on Thursday.

Net income of industrial enterprises in May increased by 15.5 percent from a year earlier to 470.5 billion yuan ($76 billion). It had increased 9.3 percent in April and 5.3 percent in March, according to the NBS.

In the first five months of the year, industrial profit reached 2.08 trillion yuan, increasing 12.3 percent compared with the same period last year, and greater than the January-to-April growth rate of 11.4 percent.

"The main business profit indicator is closer to real industrial production, which can better reflect true operating performance," said a statement on the bureau's website.

Yu Jianxun, an economist from the NBS, said that about 98.5 percent of the added profit in May was from four industries: electricity and heating power production and supply, automobile manufacturing, computer communications and electronic equipment manufacturing, and the oil processing and nuclear fuel processing industries.

Jin Lingfeng, deputy president of electrical equipment manufacturer Shanghai People Enterprise Group, said that due to decreasing prices of raw materials such as steel, the basic costs of materials were reduced, which in turn raised profits.

Lower raw material costs were in line with the decreasing producer price index, which showed a negative 2.87 percent in May, compared with a negative 2.62 percent in April, according to the NBS.

"Economic policies should stay stable and consistent, and we should stabilize market expectations," Premier Li Keqiang said at a State Council meeting on Wednesday.

The acceleration of profit growth may not be sustainable in the coming months, as overcapacity is still a big challenge for industrial production and the momentum of domestic economic growth is weakened, said a report from the Bank of Communications.

Previous 1 2 Next

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
 
仲巴县| 光泽县| 阜新| 乐业县| 阿城市| 遂平县| 安仁县| 信宜市| 慈利县| 博白县| 大埔县| 双江| 济阳县| 灯塔市| 延边| 伊金霍洛旗| 德江县| 和龙市| 山丹县| 韶关市| 互助| 邵武市| 永城市| 本溪市| 青神县| 吉林市| 卢氏县| 盘锦市| 大石桥市| 边坝县| 石阡县| 永泰县| 泰宁县| 安岳县| 丘北县| 濮阳县| 安康市| 岚皋县| 饶平县| 新乐市| 齐河县|