China's industrial profits up 10.1% in September
Views :199
| Exhibition Info
Exhibition Name: China's industrial profits up 10.1% in September
| Exhibition introduction
A staff member arranges welding wires at Tangshan Kobelco in Tangshan, North China's Hebei province, on July 16, 2020. [Photo/Xinhua]

Profits of China's major industrial firms totaled 646.43 billion yuan (about $96.5 billion) in September, increasing by 10.1 percent year-on-year, data from the National Bureau of Statistics (NBS) showed Tuesday.

The growth narrowed 9 percentage points from August.

In the first nine months of the year, the profits of major industrial firms declined 2.4 percent to 4.37 trillion yuan, narrowing 2 percentage points from the January-August period.

Specifically, profits of state-controlled industrial firms dropped 14.3 percent from one year earlier to 1.13 trillion yuan, while those of private ones shrank 0.5 percent year-on-year to 1.27 trillion yuan.

During the first three quarters, profits of the mining industry slumped 37.2 percent, while the manufacturing industry's profits reversed the downward trend by gaining 1.1 percent.

Profits in 21 of the 41 surveyed industrial sectors rose from the same period last year, while 20 sectors saw their profits fall, according to the NBS.

Major industrial companies refer to those with an annual business turnover of at least 20 million yuan.

Source: Xinhua
经营许可证编号:粤B2-20210752号丨备案号:粤ICP备09029740号
粤公网安备 44011102001662号
技术支持:广东金蜘蛛电脑网络有限公司
Golden Spider Network Co., Ltd.