Industrial Profits Rose 28.6 Percent from January to July

From January to July, the industrial enterprises that above designated size (all state-owned enterprises and non-state enterprises with an annual sales income over 5 million yuan, the same as follows) reached 967.9 billion yuan, a year-on-year rise of 28.6 percent. the comprehensive industrial benefit index of this period was 183.4, up by 15.95 points over the same period of the previous year.

Among the industrial enterprises that above designated size, the profits made by state-owned and state-controlled enterprises achieved an amount of 432.6 billion yuan, rose 19.4 percent over the same period of the previous year; that of collective enterprises gained 29.2 billion yuan, rose 32 percent; that of share-holding enterprises gained 525.1 billion yuan, rose 31.1 percent; that of enterprises invested by foreign merchants, or by Hong Kong, Macao and Taiwan-funded enterprises was 267.3 billion yuan, up by 25.3 percent; and that of private enterprises was 141.8 billion yuan, up by 53.8 percent.

Within 39 branches of industry, the profits of petroleum and natural gas exploitation rose 44.8 percent, year-on-year; that of smelting and pressing of nonferrous metals, transportation equipment manufacturing, electric power industry, electronic communications industry, coal mining industry, chemical industry and fiber industry increased rose 105.7, 55.6, 35.6, 24.7, 12.2, 14.4 and 41.1 percent respectively; while the profit of steel industry decreased 11.1 percent, and petroleum processing and coking industry had a net deficit of 32.7 billion yuan.

The total tax made by the industrial enterprises above designated size reached 733.0 billon yuan, a year-on-year increase of 23.3 percent. of which, that of state-owned and state-controlled enterprises was 415.0 billion yuan, rose 18.9 percent.

The main income of the industrial enterprises above designated size reached 16479.9 billion yuan, increased 26.4 percent over the same period of the previous year. of which, 5475.7 billion was from state-owned and state-controlled enterprises, up by 20.1 percent.

By the end of July, the net receivable for industrial enterprises above designated size achieved 2984.8 billion yuan, a year-on-year increase of 19.4 percent. of which, 771.3 billion was from state-owned and state-controlled enterprises, up by 6.9 percent. the total volume of finished products for industrial enterprises was 1381.7 billion yuan, up by 17 percent. of which, 379.6 billion yuan was from the state-owned and state-controlled enterprises, rose 12.9 percent, year-on-year.