Beijing, August 24 (Reporters Han Xin, Wang Junling) China National Light Industry Council announced on the 24th the economic performance of China's light industry in the first half of the year: From January to June this year, there were 106,800 enterprises above designated size in the light industry industry, realizing operating income 8.54 trillion yuan, a profit of 531.494 billion yuan, an industry operating income profit rate of 6.22%, an increase of 0.15 percentage points from January to May, and 0.8 percentage points higher than the national industry.
"The overall economic operation of the light industry continues the momentum of recovery and improvement since March, showing positive changes. In the first half of the year, the light industry industry's value-added, operating income, profit, and export decline continued to narrow." President of China National Light Industry Council Zhang Chonghe said.
In the first half of the year, the main indicators reflecting the economic operation showed a stabilization and recovery trend.
Production continues to pick up. From January to June, the decline in the industrial value added of the light industry narrowed by 1.3 percentage points compared with the previous five months, and the cumulative growth rate of the added value of major industries rebounded from the previous five months. In June, the light industry production continued to stabilize and rebound. , The added value of light industry machinery, household appliances, batteries, plastic products, papermaking and other industries all have positive growth.
Profits have improved significantly. From January to June, the light industry realized a profit of 531.494 billion yuan, a decrease of 2.52 percentage points from January to May. In the light industry, the profits of bicycle mopeds and off-road recreational vehicle manufacturing, plastic products, and agricultural and sideline food processing industries grew rapidly, increasing by 24.75%, 16.66%, and 14.84% respectively.
The decline in exports has narrowed. From January to June, the export value of eight key commodities of light industry was US$140.69 billion, a decrease of 3.7 percentage points from January to May. Among them, exports of plastic products and household appliances resumed positive growth, increasing by 3.6% and 0.7% respectively. The decline in exports of lamps, furniture, toys and ceramics continued to narrow.
Under the influence of the epidemic, how can the light industry stabilize and improve? "On the one hand, it has benefited from the continuous improvement of the consumer market. The total retail sales of 10 consumer goods related to light industry accounted for 15.47% of the total retail sales of consumer goods in the first half of the year, and the growth rate slowed 9.57 percentage points from the first quarter. At the same time, the consumer market improved in June Obviously, online retail has grown rapidly. Among them, the retail sales of household necessities continue to grow rapidly. Among them, the retail sales of daily necessities and home appliances increased by 16.9% and 9.8% respectively." Zhang Chonghe explained. On the other hand, it is also inseparable. Implement detailed policies and measures. In the first half of the year, policies such as the halving of social insurance premiums and the phased reduction of medical insurance premium rates have reduced corporate labor costs and boosted corporate confidence.
Zhang Chonghe said that despite the impact of the epidemic, the fundamentals of China's long-term economic improvement have not changed. The economic performance indicators of the light industry in the first half of the year have improved significantly compared with the first quarter. Combining the economic indicators in the first half of the year, it is expected that the operating income and realized profits of all young industries will be close to the levels of the same period of the previous year, which is expected to achieve positive growth.