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Industrial Profits -- January – October 2006

From January to October of this year, the actual profits from the industrial enterprises above designated size (referring to all the state-owned enterprises and the non state-owned ones with the annual sales revenue over 5 million yuan, it's the same with the following) reached 1,469.7 billion yuan, a year-on-year rise of 30.1%. The composite index of industrial economic benefit was 187.29, up by 17.12 points over the same period of last year.

 

Among the industrial enterprises above designated size, the actual profits from the state-owned and state share-holding enterprises reached 645.5 billion yuan, a year-on-year rise of 22.0%; that from the collective-owned enterprises was 44.1 billion yuan, up 30.8%; that of share system enterprises was 789.1 billion yuan, up 31.7%; that of the foreign, Hongkong, Macao and Taiwan investment enterprises reached 410.5 billion yuan, up 27.7%; that of private enterprises was 220.9 billion yuan, up 50.1%.

 

Among the 39 major industrial branches, the profits of the mining of petroleum and natural gas went up 30.4% year on year; that of non-ferrous metals smelting and rolling processing industry went up 105.5%; that of transport equipment manufacturing went up 50.4%; that of special equipments manufacture rose 50.3%; that of electricity industry went up 38.0%; that of electronic communications rose 29.2%; that of coal rose 17.6%; that of chemical industry went up 14.6%; that of steel rose 13.5%, that of oil processing and coking industry were net loss of 46.2 billion yuan.

 

The accumulated taxes from the industrial enterprises above designated size were 1,086.2 billion yuan, a year-on-year rise of 23.1%. Especially, that of the state-owned and state share-holding enterprises was 607.2 billion yuan, up 18.9%.

 

The major business revenue of the industrial enterprises above designated size reached 24701.5 billion yuan, a year-on-year rise of 26.1%. Especially, that of the state-owned and state share holding enterprises was 8,104 billion yuan, up 20.3%.

 

At the end of this October, the net receivables from the industrial enterprises above designated size was 3,226.7 billion yuan, a year-on-year rise of 20.1%, of which, that from the state-owned and state share-holding enterprises was 802.6 billion yuan, up 9.2%. The funds for the finished goods reached 1,463.1 billion yuan, a year-on-year rise of 17.3%. Especially, the funds for the finished goods from the state-owned and state share-holding enterprises were 396.5 billion yuan, up 12.9%.

 

(China Development Gateway November 23, 2006)


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