Industrial profits in 22 regions* realized 894.14 billion yuan in the first half year, declined 21.2 percent year-on-year, narrowed 3.4 percentage points over first five months.

Within 39 branches of industrial sectors, the profits of 27 industrial sectors increased in recovery (or decreasing rate reduced). Of the total, the profits of non-ferrous metal smelting and rolling processing industry stood at 13.91 billion yuan, increased 4.98 billion yuan over first five months; that of oil processing and coking industry accounted for 41.14 billion yuan, a year-on-year increase of 193.3 percent; that of chemical fiber industry narrowed to 4.6 percent from 30.7 percent over first five months; that of electric power industry gained 7.7 billion yuan, surged 2.34 billion yuan over first five months. The growth rate of profits for special equipment manufacturing industry boomed 4.4 percent year-on-year, went up by 1.7 percentage points over first five months; that of transportation equipment manufacturing industry narrowed to 1.1 percent from 7.2 percent over first five months; that of iron and steel industry decreased 85.0 percent.

The main business revenue for industry in 22 regions reached 17,971.9 billion yuan, ballooned 0.4 percent from 0.3 dipped over first five months, year-on-year.

By the end of June, the total volume of net accounts receivable for industry in 22 regions hit 3306.61 billion yuan, climbed 9.1 percent year-on-year, or 0.5 percentage points climbed month-on-month. The finished goods funds accounted for 1616.49 billion yuan, went up 2.8 percent year-on-year, or dropped 2.7 percentage points month-on-month.

*refers to the industrial enterprises above designated size in 22 provinces (autonomous regions and municipalities), except Bejing, Nei Monggol, Hunan, Guangdong, Anhui, Hainan, Chongqing, and Tibet, which main business revenue accounted for 77.2 percent, and 78.6 percent of total profits.

(National Bureau of Statistics July 28, 2009)