news

according to the national bureau of statistics on august 27, yu weining, a statistician from the industrial department of the national bureau of statistics, interpreted the profit data of industrial enterprises. in july, with the steady progress of high-quality development of the industrial economy, the continued cultivation and growth of new drivers, and the stability of industrial production, the profits of industrial enterprises continued to recover, and the benefits of industrial enterprises showed the following main characteristics:

the profit growth of industrial enterprises has accelerated. from january to july, the profits of industrial enterprises above designated size increased by 3.6% year-on-year, 0.1 percentage point faster than from january to june, continuing the stable recovery trend. in terms of industries, among the 41 major industrial sectors, the profit growth rate of 21 industries accelerated or narrowed compared with the previous month, and the recovery area exceeded 50%. in july, the profits of industrial enterprises above designated size increased by 4.1% year-on-year, 0.5 percentage points faster than in june, and accelerated for two consecutive months.

industrial enterprises' revenue grew steadily. with the steady recovery of market demand and the improvement of the connection between production and marketing, industrial enterprises' revenue grew steadily. from january to july, the operating income of industrial enterprises above designated size increased by 2.9% year-on-year, the same growth rate as from january to june. the steady growth of corporate revenue has created favorable conditions for the continued recovery of profits.

high-tech manufacturing leads profit growth. from january to july, profits of high-tech manufacturing increased by 12.8% year-on-year, significantly higher than the average level of industrial enterprises above designated size by 9.2 percentage points, driving the growth of industrial profits above designated size by 2.1 percentage points, contributing nearly 60% to the growth of industrial profits above designated size, and playing a significant leading role. from the perspective of industry, as the process of high-end, intelligent and green manufacturing continues to advance, profits of related industries have grown rapidly. among them, profits of lithium-ion battery manufacturing, semiconductor device special equipment manufacturing, and smart consumer equipment manufacturing industries increased by 45.6%, 16.0%, and 9.2% year-on-year, respectively, providing important impetus for promoting high-quality industrial development.

profits of the equipment manufacturing industry grew steadily. from january to july, profits of the equipment manufacturing industry increased by 6.1% year-on-year, maintaining steady growth, providing important support for the recovery of profits of industrial enterprises above designated size. in terms of proportion, profits of the equipment manufacturing industry accounted for 35.1% of industrial enterprises above designated size, an increase of 0.8 percentage points year-on-year, and the profit structure of industrial enterprises continued to optimize. from the perspective of industry, 6 of the 8 industries in the equipment manufacturing industry achieved growth. among them, driven by the rapid growth of production, the profits of the railway, shipbuilding, aerospace, electronics and other industries increased by 36.9% and 25.1% year-on-year respectively, and have maintained a high-speed growth trend since the beginning of the year.

profits in the consumer goods manufacturing industry maintained double-digit growth. the steady recovery of domestic consumer demand and the continued growth in industrial product exports have jointly promoted the good growth trend of profits in the consumer goods manufacturing industry. from january to july, profits in the consumer goods manufacturing industry increased by 10.2% year-on-year, 6.6 percentage points higher than the average level of industrial enterprises above designated size. by industry, among the 13 major consumer goods manufacturing industries, profits in 11 industries increased year-on-year, and the growth rate of 8 industries exceeded 10%. among them, profits in the papermaking and chemical fiber industries increased by 1.08 times and 1.05 times respectively, and profits in the agricultural and sideline food, textile, printing, cultural and educational arts and crafts, wine, beverage and tea, and furniture industries increased by 12.4%-23.9%.

overall, the performance of industrial enterprises above designated size continued to recover steadily, but at the same time, we should also see that domestic consumer demand is still weak, the external environment is complex and changeable, and the foundation for the recovery of industrial enterprises' performance still needs to be consolidated. in the next stage, we must resolutely implement the spirit of the third plenary session of the 20th cpc central committee, more effectively expand domestic demand, take targeted measures to smooth the economic cycle, implement various reform arrangements in detail, further promote the development of new quality productivity in the industrial field, and continuously enhance the sustained recovery of the industrial economy.