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Industrial Profits -- January – November 2006

From January to November 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 1,653.2 billion yuan, a year-on-year rise of 30.7%. The composite index of industrial economic benefit was 188.41, up by 17.43 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 721.2 billion yuan, a year-on-year rise of 23.9%; that from the collective-owned enterprises was 49.8 billion yuan, up 29.5%; that of share system enterprises was 887.2 billion yuan, up 32.1%; that of the foreign, Hongkong, Macao and Taiwan investment enterprises reached 458.6 billion yuan, up 28.0%; that of private enterprises was 252.1 billion yuan, up 47.2%.

 

Among the 39 major industrial branches, the profits of the mining of petroleum and natural gas went up 26.1% year on year; that of non-ferrous metals smelting and rolling processing industry went up 107.5%; that of transport equipment manufacturing went up 45.2%; that of special equipments manufacture rose 49.6%; that of electricity industry went up 37.8%; that of electronic communications rose 31.1%; that of coal rose 19.9%; that of chemical industry went up 17.4%; that of steel rose 20.2%, that of oil processing and coking industry were net loss of 42.5 billion yuan.

 

The accumulated taxes from the industrial enterprises above designated size were 1,208.4 billion yuan, a year-on-year rise of 22.3%. Especially, that of the state-owned and state share-holding enterprises was 669.8 billion yuan, up 18.9%.

 

The major business revenue of the industrial enterprises above designated size reached 27,569.3 billion yuan, a year-on-year rise of 26.0%. Especially, that of the state-owned and state share holding enterprises was 9,002.4 billion yuan, up 20.4%.

 

At the end of this November, the net receivables from the industrial enterprises above designated size was 3,299.7 billion yuan, a year-on-year rise of 19.3%, of which, that from the state-owned and state share-holding enterprises was 828.9 billion yuan, up 11.4%. The funds for the finished goods reached 1,498.8 billion yuan, a year-on-year rise of 18.1%. Especially, the funds for the finished goods from the state-owned and state share-holding enterprises were 408.1 billion yuan, up 13.4%.

 

(China Development Gateway December 22, 2006)


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