Industrial Economy Benefit during January-November Held over a Higher Level

From January to November this year, the economic benefit of above-scale industries has been keeping a higher level, while the finished goods capital and accounts receivable of enterprises also grow up faster.

--The overall level of economic benefit keeps on growing. During January- November, the aggregative index number of industrial economy benefit is 143.2, up by 14 points over the same period of the previous year.

--The product sales income enjoys sustained and stable growth. During January-November, industrial enterprises realized a product sales income of 12.45786 trillion Yuan, up by 27.7% over the same period of the previous year and the growth rate is about the same as that during January-October. Wherein the state-owned and state holding enterprises realized a product sales income of 5.1874 trillion Yuan, up by23.5% over the same period of the previous year, and the growth rate is almost the same as that during January-October.

--The profit realized by enterprises kept on growing fast. During January-November, industrial enterprises realized a gross profit of 725.17 billion Yuan after break-even point, up by 44.6% over the same period of the previous year and the growth rate was down by 1.4% over that during January-October. Wherein state-owned and state holding enterprises realized a profit of 347.44 billion Yuan after break-even point, up by 49.7% over the same period of the previous year, and the growth rate was down by 4.3% over that during January-October.

--The enterprise tax enjoyed stable growth as to the gross amount. During January-November, the accumulative total tax of industrial enterprises reached 649.04 billion Yuan, up by 19.3% over the same period of the previous year and the growth rate was up by 0.6 % over than during January-October. Wherein the gross tax of state-owned and state holding enterprises was 421.41 billion Yuan, up by 17.7% over the same period of the previous year and the growth rate was up by 0.9% over that during January-October.

--The profit of most industries kept on growing. During January-November, 38 out of 39 industrial categories enjoyed an increased profit as compared with the same period of the previous year. Wherein the extracting and dressing of ferrous metal mines grew by 1.75 times, the petroleum processing, coking and nuclear fuel manufacture grew by 1.71 times, and the ferrous metal smelting and extrusion grew by 1.15 times; the exploitation of petroleum and natural gas grew by 31.82 billion Yuan, the ferrous metal smelting and extrusion grew by 28.89 billion Yuan, the transport and communication facilities manufacturing industry grew by 27.99 billion Yuan, the chemical feedstock and chemical manufacturing industry grew by 17.43 billion Yuan, and the power and thermal production and supply grew by 13.2 billion Yuan. The newly-added profit of the aforesaid five industries was 119.34 billion Yuan, 53.4% of the total newly-added profit of the whole industry.

--The deficit of unprofitable enterprises kept on falling, but the falling scope was reduced distinctly. During January-November, the deficit of unprofitable enterprises was 100.4 billion Yuan, down by 1.9% over the same period of the previous year and the falling range was 0.9% less than that during January-October. Wherein the deficit of unprofitable state-owned and state holding enterprises was 59.47 billion Yuan, down by 0.6% over the same period of the previous year and the falling range was 2.8% less than that during January-October.

--The finished goods capital of enterprises somewhat increased. By the end of November, the finished goods capital of industrial enterprises was 840.79 billion Yuan, up by 11.8% over the same period of the previous year, and the growth rate was up by 0.3 over that by the end of October, wherein the finished goods capital of state-owned and state holding enterprises was 324.33 billion Yuan, up by 5.5% over the same period of the previous year.

--The accounts receivable of enterprises grew at a faster rate. By the end of November, the net amount of accounts receivable of industrial enterprises was 1.89501 trillion Yuan, up by 14.7% over the same period of the previous year, and the growth rate was up by 0.9 over that by the end of October. Wherein that of state-owned and state holding enterprises was 773.89 billion Yuan, up by 3.3% over the same period of the previous year and the growth rate was up by 0.5 % over that by the end of October.