National Actual Industrial Profits

 in the First Seven Months Rose 20.6%.

In the first seven months of this year, the national actual profits created by the industrial enterprises above designated size(referring to all the state-owned, and non state-owned ones with the annual sales revenue of over five million yuan, it’s the same with the following) reached 743.7 billion yuan, a year-on-year rise of 20.6%. The composite index of industrial economic benefit was 170.43, up by 10.36 points than that of the same period of last year.

Among the industrial enterprises above designated size, the actual profits of the state-owned and state share-holding enterprises totaled 366.1 billion yuan, a year-on-year rise of 18.5%; that of collective-owned enterprises was 27.4 billion yuan, up 29.1%; that of share system enterprises was 387.8 billion yuan, up 30.2%; that of foreign and Hongkong, Macao and Taiwan investment enterprises totaled 206.8 billion yuan, up 1.7%; that of private enterprises was 85 billion yuan, up 40.1%.

Among the 39 major industries, the profits of coal mining, petroleum extraction, ferrous metals mining, non-ferrous metals mining and non-metal mining showed the rises of 81.5%, 74.7%, 47.4%, 136.4% and 78% respectively; the profits of steel industry rose 34.7%; that of chemical industry rose 26.3%; that of transport equipment manufacturing dropped 38.6%; that of chemical fiber went down 35.8%; that of construction declined 17.3%; that of electric power descended 1.5%; that of electronic communication went down 1%; the net losses of petroleum processing and coking reached 6.7 billion yuan. The top five industries ranked by the increased profits were petroleum extraction, steel, coal, chemical industry and Textile Industry.

The losses of industrial enterprises above designated size was 122.8 billion yuan, a year-on-year rise of 55.5%, especially, the losses of the state-owned and state share-holding loss-making enterprises reached 61.9 billion yuan, up 82.1%.

The taxes turned in by the industrial enterprises above designated size totaled 581.8 billion yuan, a year-on-year rise of 19.5%, of which, that of the state-owned and state share-holding enterprises was 350.9 billion yuan, up 15.9%.

The actual sales revenue of the industrial enterprises above designated size was 12900 billion yuan, a year-on-year rise of 27.8%, of which, that of the state-owned and state share-holding enterprises totaled 4707.3 billion yuan, up 22%.

At the end of this July, the funds for finished goods of the industrial enterprises above designated size was 1168.5 billion yuan, a year-on-year rise of 19.1%. Especially, that of the state-owned and state share-holding enterprises reached 356.7 billion yuan, up 9.9%. The net receivables of industrial enterprises above designated size totaled 2476.8 billion yuan, a year-on-year rise of 16.2%, of which, that of the state-owned and state share-holding enterprises reached 764.4 billion yuan, up 4.3%.