From January to July, industrial profits reached 18761 million yuan, an increase of 61.1% over the same period of last year

From January to July, profits of industrial enterprises above designated size in 24 regions across the country[1] were 18761 million yuan, a year-on-year increase of 61.1%, an increase of 10.7 percentage points from the first six months.

Among the 39 major industrial sectors, the profits of 36 industries increased year-on-year, one industry turned losses, and profits of the two industries decreased. Compared with the first six months, the profits of the 33 industries decreased year-on-year, and the growth rate of the three industries increased. The profit growth of major industries was as follows: oil and natural gas extraction industry profits increased by 1.1 times year-on-year, ferrous metal mining industry increased by 1.6 times, chemical raw materials and chemical products manufacturing increased by 53.4%, chemical fiber manufacturing industry increased by 1.1 times, ferrous metal smelting And rolling processing industry increased by 1.7 times, non-ferrous metal smelting and rolling processing industry increased by 1.5 times, transportation equipment manufacturing increased by 94.5%, communication equipment, computers and other electronic equipment manufacturing increased by 1.1 times, electricity, heat production and supply It increased by 1.9 times; the petroleum processing, coking, and nuclear fuel processing industries fell by 32%.

The income from main operations of industrial enterprises above designated size in 24 regions was 304,527 billion yuan, an increase of 34.7% year-on-year, an increase of 1.8 percentage points from the first six months.

At the end of July, the accounts receivable of industrial enterprises above designated size in 24 regions registered 4.5657 trillion yuan, a year-on-year increase of 25.4%, a decrease of 1 percentage point from the end of June. The finished product funds were 181 billion yuan, a year-on-year increase of 10.5 percent, a decrease of 1.2 percentage points from the end of June.

Note: Notes on Sources and Scope of Industrial Financial Data 1. According to the current National Survey System, financial statements of industrial enterprises above designated size are based on January-February, January-May, January-August, and 1-11. Monthly surveys were conducted in four separate surveys. The provinces reported the data of their subsidiaries, and the Ministry of Industry of the National Bureau of Statistics reviewed and summarized the data. In March, June, September, and December, the data of national industrial enterprises above designated size were released.

2. Since 2008, 24 provinces have increased their survey frequency on their own. At present, except for January-February, January-May, January-August, and January-November, the data for the remaining months is based on the combined data of 24 regions. In order to facilitate public observation of the changes in industrial economic performance and to grasp the changing trends of industrial economic benefits in each month, we released data for 24 regions in April, May, July, August, October and November respectively.

[1] refers to industrial enterprises above designated size in 24 regions except Inner Mongolia, Hunan, Guangdong, Hainan, Chongqing, Yunnan, and Tibet, whose main business income accounts for 82% of the country's total.