Industrial profits in 22 regions* realized 1,554.3 billion yuan in the first three quarters, declined 9.1 percent year-on-year, narrowed 4.0 percentage points over first eight months.

Within 39 branches of industrial sectors, the profits of 35 industrial sectors increased in recovery (or decreasing rate reduced). Of the total, the profits of transportation equipment manufacturing industry increased 21.5 percent year-on-year; that of special equipment manufacturing industry boomed 8.4 percent; that of electrical machinery and equipment manufacturing industry surged 9.6 percent; that of chemical fiber industry ballooned 53.4 percent; that of rubber manufacturing industry went up by 53.9 percent; that of building materials industry increased 21.8 percent; that of textile industry boomed 10.1 percent; that of agro-food processing industry increased by 17.4 percent; while that of oil processing and coking industry declined 68.3 percent; that of iron and steel industry dropped 62.9 percent; that of non-ferrous metal smelting and rolling processing industry dipped 49.9 percent; that of chemical industry went down by 8.8 percent; and that of papermaking industry decreased 4.8 percent.

The main business revenue for industry in 22 regions reached 28,797.6 billion yuan, ballooned 3.4 percent, increased 3.4 percent year-on-year, promoted 1.5 percentage points over first eight months.

By the end of September, the total volume of net accounts receivable for industry in 22 regions hit 3,559.3 billion yuan, climbed 10.6 percent year-on-year, or 0.3 percentage points climbed month-on-month. The finished goods funds accounted for 1,713.9 billion yuan, went down by 0.8 percent year-on-year, or dropped 1.0 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 October 30, 2009)