Industrial Profit Shot up From January to November

From January to November, the total volume of profits made by the industrial enterprises above designated size (all state-owned enterprises and non-state-owned enterprises with an annual sales over 5 million yuan, same as follow) reached 2,295.1 billion yuan, rose by 36.7 percent over the same period of the previous year. The comprehensive industrial benefit index of this period was 209.92, a year-on-year increase of 21.6 points.

Among the industrial enterprises that above designated size, the profits made by state-owned and state-controlled enterprises achieved 966.2 billion yuan, increased 29.6percent year-on-year; that of collective-owned enterprises was 56.6 billion yuan, up by 25.2 percent; that of share-holding enterprises gained 1,220.9 billion yuan, up by 35.1 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 612.6 billion yuan, increased 34.3 percent; and that of private enterprises reached 400 billion yuan, rose by 50.9 percent.

Within 39 branches of industry, the profits of steel industry rose by 47.2 times as much as the same period of last year; that of architectural materials industry, manufacture of chemical fibers industry, chemical industry and electric power industry respectively increased 63.1, 109.3, 51.5 and 39.0 percent; that of smelting and pressing of nonferrous metals industry, coal mining industry, manufacture of special purpose machinery industry, transportation equipment manufacturing industry, and electronic communication equipment manufacturing industry respectively gained an increase of 26.6, 49.1, 61.4, 68.7 and 16.3 percent; Whereas processing of petroleum and coking industry turned to get profits of 23 billion yuan from net loss of 41.7 billion yuan of last year. While the profit of petroleum and natural gas exploitation declined by 7.6 percent over the same period of last year.

The total volume of tax contributed by industrial enterprises above designated size was 1,525.6 billion yuan, a year-on-year increase of 25.3 percent.

The main income for industrial enterprises above designated size reached 35,451.8 billion yuan, increased 27.6 percent over the same period of the previous year.

By the end of November, the total volume of net receivable for industrial enterprises above designated size amounted to 3,971.2 billion yuan, a year-on-year increase of 18.8 percent. The total value of finished products for industrial enterprises was 1,833.5 billion yuan, rose by 21.8 percent.