免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

  .contact us |.about us
News > Business News ...
Search:
    Advertisement
Industrial profits up 49% for the first nine months
( 2003-10-25 10:17) (China Daily)

China's industrial companies made profits of 572.8 billion yuan (US$69 billion) during the first nine months of this year, an increase of 49 per cent over those for the same period a year ago, the National Bureau of Statistics said Friday.

The profit growth, which was slower than the 56.7 per cent rise for the first half of this year, is still much faster than the 20.6 per cent rise for the whole of 2002.

Profits made by State-owned industrial firms and firms in which the State holds a majority of the stake were 286.2 billion yuan (US$34.5 billion) for the period, a year-on-year increase of 60.8 per cent, the bureau said in a statement.

Industrial enterprises handed in 518 billion yuan (US$62.4 billion) in taxes to the State, a year-on-year increase of 18.7 per cent for the period.

During the first nine months, sales income earned by industrial firms reached 9.83 trillion yuan (US$1.18 trillion), a year-on-year increase of 27.5 per cent for the period.

The net loss suffered by money-losing companies was 86.4 billion yuan (US$10.4 billion) for the period, a drop of 3.7 per cent from figures for the same period a year ago.

Chief economist Yao Jingyuan of the bureau said the good performance of the industrial sector was partly due to the country's rapid increase in fixed asset investments.

China's fixed asset investments rose a year-on-year 30.5 per cent to 3.44 trillion yuan (US$413.9 billion) for the January-September period.

The performance can also be attributed to the upgrading of the domestic consumption structure, the adjustment of the industrial structure and price changes on the international market, said Yao, also a spokesman for the bureau.

He said a majority of the industrial sector made clear increases in profits during the January-September period.

Earnings of crude oil and natural gas producers rose 36.8 billion yuan (US$4.4 billion) during the nine months compared with figures for the same period a year ago.

Profits of the transport sector, including cars, rose 25.8 billion yuan (US$3.1 billion), while earnings of ferrous metal smelters increased 23.8 billion yuan (US$2.9 billion), he said.

Profits of chemical raw material companies rose 13.3 billion yuan (US$1.6 billion), while earnings from electricity producers increased 10.8 billion yuan (US$1.3 billion).

The five sectors accounted for 58.7 per cent of the increased profits of the entire industrial sector, Yao said.

Wang Zhao, a researcher with the State Council's Development Research Centre, said the fast profit growth suggests the Chinese economy is on a healthy development track.

This is a result of the country's implementation of a pro-active fiscal policy and a sound monetary policy, he said.

During the first nine months, the country's gross domestic product grew 8.3 per cent compared with figures for the same period a year ago, the statistics bureau said earlier.

 
Close  
   
  Today's Top News   Top Business News
   
+Surge in corn prices causes concern
( 2003-10-25)
+Australia trip nets free trade framework
( 2003-10-25)
+Spacecraft capsule on display in Beijing
( 2003-10-25)
+Security law looks ready for approval
( 2003-10-25)
+Guangdong issues RSV virus alert
( 2003-10-25)
+Stable growth seen in semiconductor market
( 2003-10-25)
+QFII scheme to be finetuned
( 2003-10-25)
+Container throughput rises 30%
( 2003-10-25)
+Shanghai a magnet for IC sector
( 2003-10-25)
+Munich Re sets up China unit
( 2003-10-25)
   
  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
  Related Articles  
     
 

+SARS hits firm's retail, tourism, toll business
2003-09-10

+Industrial earnings increase
2003-08-27

+Industry profits jump 57%
2003-07-25

 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved