4. Business Revenue and Gross Profits from Principal Activity

In 2008, business revenue from principal activity of all industrial enterprises totaled 53,562.94 billion yuan, up by 145.2 percent over the year of 2004. Of which, mining accounts for 6.9 percent，manufacturing 86.8 percent, and production and supply of electricity, gas and water 6.3 percent. There are eighteen industrial sectors with business revenue from principal activity of 1 trillion yuan or more, eleven more than 2004.

Gross profits from industrial enterprises totaled 3,385.43 billion yuan, up by 159.1 percent over the year of 2004.Of which, mining accounts for 25.5 percent, manufacturing 72.3 percent, and production and supply of electricity, gas and water 2.2 percent. Gross profits exceed 50 billion yuan in twenty-three industrial sectors, fourteen more than 2004. (see table 5).

Table 5 Business Revenue and Gross Profits from Principal Activity of Industrial Corporations by Industries

 

Unit: 100 million yuan

 

In 2008, the top five provinces in the proportion of their business revenue to the total are: Jiangsu with 13.2 percent, Guangdong with 12.5 percent, Shandong with 12.2 percent, Zhejiang with 8.2 percent and Henan with 5.3 percent. Provinces that saw their gross industrial profits surpass 100 billion yuan include: Jiangsu, Guangdong, Henna, Zhejiang, Heilongjiang, Hebei, Shanxi, Hubei and Fujian.

5. Science and Technology Activities of Enterprises

By the end of 2008，48,637 industrial enterprises above designated size〔2〕carried out science and technology activities〔3〕, or 11.6 percent of the total. 27,278, or 6.5 percent of the total, conducted Research and Development (R&D) activities. Of the large and medium-sized enterprises, 37.1 percent carried out science and technology activities and 24.9 percent conducted Research and Development activities.

By the end of 2008，for industrial enterprises above designated size, a total of 3,092 thousand people were engaged in scientific and technological activities, up by 68.2 percent than the end of 2004. 594.17 billion yuan was invested in science and technology activities, up by 147.4 percent than the end of 2004.

Of the investment in science and technology activities, funds earmarked for research and development (R&D), which represents the independent innovation capacity of enterprises, grew rapidly. It reached 307.31 billion yuan in 2008, up by 178.2 percent than 2004. The investment intensity〔4〕 of 0.61 percent in 2008 was higher than that of 2004, 0.56 percent. Large and medium-sized enterprises invested 268.13 billion yuan in R&D with an investment intensity of 0.84 percent, which was higher than the rate of 2004, 0.71 percent. See table 6 for investment in R&D by industrial enterprises above designated size by sector.

There were eight provinces that invested over 10 billion yuan in R&D are: Jiangsu, Guangdong, Shandong, Zhejiang, Shanghai, Liaoning, Tianjin and Beijing.

In 2008, Industrial enterprises above designated size achieved an output value of 5852.27 billion yuan for new products〔5〕, or 11.3 percent of the total output value of industrial enterprises above designated size. About 173,573 applications for patents were filed, of which 59,254 were invention patents, accounting for 34.1 percent of the total 2.4 percent higher than the rate of 2004.