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

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
 
青岛市| 安庆市| 钟祥市| 大渡口区| 陇西县| 元谋县| 成武县| 鞍山市| 吴堡县| 郑州市| 偏关县| 丘北县| 静安区| 吉木萨尔县| 鹿泉市| 湄潭县| 浦东新区| 丽江市| 石台县| 墨竹工卡县| 兴海县| 休宁县| 碌曲县| 上饶市| 周至县| 包头市| 安陆市| 弥渡县| 通辽市| 衡山县| 巧家县| 时尚| 颍上县| 吴旗县| 永济市| 胶南市| 东兴市| 双江| 常熟市| 宜春市| 桑植县|