According to the data released by the National Bureau of Statistics on the 27th, from January to February, industrial enterprises above designated size across the country achieved profits of 1114.01 billion yuan, an increase of 1.79 times year-on-year and an increase of 72.1% from January to February 2019. The two-year average growth rate was 31.2%, continuing the good momentum of rapid growth since the second half of last year.
Zhu Hong, a senior statistician from the Department of Industry of the National Bureau of Statistics, said when interpreting the profit data of industrial enterprises, as the results of the overall planning of epidemic prevention and control and economic and social development continue to appear, the domestic and foreign market demand has been steadily restored, and the base during the same period is low and " Under the combined effect of factors such as "Chinese New Year in situ", the growth of industrial production and sales has accelerated, the recovery of corporate income and profits has accelerated, and the level of profitability has rebounded significantly.
The accelerated growth of industrial production and sales has led to a significant increase in the profitability of my country's industrial enterprises this year.
Since the beginning of the year, market demand has continued to pick up, and industrial enterprises have continued to recover steadily, and production and sales have accelerated significantly compared with the same period last year.
From January to February, the value added of the industrial enterprises above designated size increased by 35.1% year-on-year, and the two-year average growth rate was 8.1%; operating income increased by 45.5% year-on-year, and the two-year average growth rate was 9.4%.
Industrial production and sales have reached a good level in recent years, creating favorable conditions for the improvement of corporate efficiency.