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Economy

National Bureau of Statistics: In the first three quarters, the profit structure of industrial enterprises above designated size in China has been continuously improved

2022-10-28   

According to the data released by the National Bureau of Statistics on the 27th, in the first three quarters of this year, the operating income of industrial enterprises above the designated size in China increased by 8.2% year on year, and the profit of enterprises decreased by 2.3% year on year. However, the profit of the equipment manufacturing industry has increased for the first time since this year, with an increase of 0.6% year on year. The profit structure of industrial enterprises continues to improve. Statistics show that in the first three quarters, the profit of the equipment manufacturing industry accounted for 31.5% of the industry above designated size, an increase of 6.4 percentage points over the beginning of the year. Among them, the electrical machinery industry was driven by the production growth of photovoltaic equipment, energy storage equipment, etc., with a year-on-year profit growth of 25.3%, 4.4 percentage points faster than that from January to August; The profits of the railway shipping equipment and instrument industry increased by 9.5% and 2.3% respectively, both of which improved to varying degrees from January to August; Although the profit of the automobile manufacturing industry decreased by 1.9% year on year, driven by factors such as the repair of the industrial chain supply chain and the growth of new energy vehicle production, the decline narrowed by 5.4 percentage points, including a 47.4% increase in the profit in September. Profits in the production and supply of electricity, heat, gas and water rebounded significantly. In the first three quarters, the profits of electricity, heat, gas and water production and supply industries increased by 4.9% year on year, the first time since this year. Affected by factors such as high commodity prices, the mining industry has achieved a lot of profits since the beginning of the year, and the profit growth has remained at a high level. In the first three quarters, the profit of the mining industry increased 76% year on year. The profit decline of private and foreign-funded enterprises narrowed, and the profit growth of small and medium-sized enterprises accelerated. In the first three quarters, among industrial enterprises above designated size, the profit decline of private enterprises, foreign-funded enterprises and enterprises invested by Hong Kong, Macao and Taiwan was 0.2% and 2.7% lower than that from January to August respectively; The profit of small and medium-sized enterprises increased by 1.5% year on year, 0.6 percentage points faster. "On the whole, the benefits of industrial enterprises continue to recover, but it should also be noted that the profits of industrial enterprises are still declining year on year, the cost level of enterprises is still high, and some industries and enterprises still have certain difficulties in production and operation." Zhu Hong, a senior statistician of the Industry Department of the National Bureau of Statistics, said that in the next step, efforts should be made to promote the sustained effectiveness of a series of policies and measures to stabilize the economy and consolidate the momentum of industrial economic recovery. (Liu Xinshe)

Edit:Yi Bing Responsible editor:Wei Li Bin

Source:people.com.cn

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