China News Service, March 27. According to the website of the National Bureau of Statistics, Yu Weining, a statistician of the Industrial Department of the National Bureau of Statistics, when interpreting the profit data of industrial enterprises, said that from January to February, the profits of industrial enterprises above designated size achieved rapid growth.
From January to February, with the effective implementation of macro-combination policies, market demand continued to recover, industrial production grew rapidly, and the efficiency of industrial enterprises above designated size continued to improve, showing the following main characteristics:
The profits of industrial enterprises achieved rapid growth. From January to February, the profits of industrial enterprises above designated size nationwide increased by 10.2% year-on-year, and profits turned from a 2.3% decline in the previous year to positive growth. Looking at each month, the monthly profits of industrial enterprises above designated size have continued to grow year-on-year since August last year. From January to February this year, they continued to recover and the profits of industrial enterprises started steadily.
The revenue of industrial enterprises has improved significantly. As market demand continues to recover, industrial production has grown rapidly, and the revenue growth of industrial enterprises has accelerated significantly. From January to February, the operating income of industrial enterprises above designated size increased by 4.5% year-on-year, which was 3.4 percentage points higher than the annual revenue growth rate of the previous year. The revenue of enterprises has rebounded significantly, creating favorable conditions for profit growth.
More than 70% of industries saw profit growth, with the manufacturing and electrical and water industries growing rapidly. From January to February, among the 41 major industrial industries, 29 industries saw profits increase year-on-year, with a growth rate of 70.7%, an expansion of 4.8 percentage points over the previous year. Broken down by category, the profits of the manufacturing, electricity, heat, gas and water production and supply industries increased by 17.4% and 63.1% respectively, all achieving double-digit growth; the profits of the mining industry fell by 21.1%.
The profits of equipment manufacturing and high-tech manufacturing have rebounded significantly, and new productivity has been cultivated and strengthened. As the construction of a modern industrial system accelerates, the profit growth of the equipment manufacturing industry continues to accelerate. From January to February, the profits of the equipment manufacturing industry increased by 28.9% year-on-year, and the growth rate was 24.8 percentage points faster than the previous year. It drove the profit growth of industrial enterprises above designated size by 6.7 percentage points, with a contribution rate of 65.9%, making it the industry sector with the largest contribution. In terms of industries, the profits of the electronics industry increased by 2.11 times, and the railway, ship, aerospace transportation equipment, automobile, and metal products industries increased by 90.1%, 50.1%, and 27.8% respectively. As the manufacturing industry moves toward high-end, intelligent, and green manufacturing, the profits of high-tech manufacturing industries have grown rapidly. From January to February, the profit of high-tech manufacturing industry increased by 27.9% from the 8.3% decrease in the previous year, with the growth rate 17.7 percentage points higher than the average level of industrial enterprises above designated size. Among them, the profit of the smart consumer equipment industry increased by 1.13 times, the profit of the lithium-ion battery industry increased by 66.3%, and the communication terminal equipment industry turned from a loss in the same period last year to a profit of 13.97 billion yuan.
Profits in the consumer goods manufacturing industry continued to recover, with profits in most industries achieving growth. Benefiting from the improvement in domestic and foreign demand, coupled with the strong impetus of the Spring Festival holiday, consumer demand has recovered steadily, and the profits of the consumer goods manufacturing industry have achieved rapid growth. From January to February, profits in the consumer goods manufacturing industry shifted from a 1.1% decline in the previous year to a year-on-year increase of 12.9%. Among the 13 major consumer goods manufacturing industries, 11 industries saw profit growth, including papermaking, furniture, textiles, culture and education The profits of the industrial art industry increased by 3.37 times, 1.98 times, 51.1%, and 50.4% respectively; the profits of the food, alcoholic beverage, and tea industries increased by 15.8% and 14.2% respectively.
Profits of major economic types and enterprises of different sizes all achieved growth. As the industrial economy continues to recover steadily, the vitality of various business entities and enterprises of different sizes continues to increase. From January to February, among industrial enterprises above designated size, the profits of state-controlled enterprises increased by 0.5% year-on-year, the profits of private enterprises increased by 12.7%, the profits of foreign and Hong Kong, Macao and Taiwan-invested enterprises increased by 31.2%; the profits of large, medium and small enterprises increased by 8.0% and 8.0% respectively. 6.0%, 18.9%.
Overall, the profits of industrial enterprises above designated size grew rapidly from January to February, with a stable start. In the next stage, we must fully implement the spirit of the Central Economic Work Conference and the national "Two Sessions", vigorously promote the construction of a modern industrial system, accelerate the development of new-quality productive forces, focus on expanding domestic demand, stimulate the vitality of various business entities, and continuously consolidate and strengthen the upward trend. , and strive to promote the economy to achieve effective qualitative improvement and reasonable quantitative growth.