From January to July, in the industrial enterprises above designated size, total profits of state-owned enterprises reached 651.26 billion yuan, down 6.1% year-on-year; total profits of collective enterprises reached 25.54 billion yuan, down 0.5%; total profits of joint-stock enterprises reached 241.39 billion yuan, increasing 7.9%; foreign companies and Hong Kong, Macao and Taiwanese investment enterprises realized total profits of 874.86 billion yuan, an increase of 6.8%; private companies realized a total profit of 124.45 billion yuan, an increase of 8.7%.
From January to July, the total profit of manufacturing industry totaled 31,788.4 billion yuan, up 12.8%; the total profit of electricity, heat, gas, and water production and supply industries was 303.54 billion yuan, down 3%.
From January to July, among the 41 industrial major industries, the total profit of 30 industries increased year-on-year, with one being flat and the other 10 being decreasing. The profit of major industries was as follows: the total profit of the agricultural and non-staple food processing industry increased by 10.2% year-on-year, the textile industry increased by 6.1%, the petroleum processing, coking and nuclear fuel processing industries doubled, the manufacturing of chemical raw materials and chemicals increased by 13.2%, non-metallic minerals The product industry grew by 7.8%, the ferrous metal smelting and rolling processing industry increased by 1.3 times, the non-ferrous metal smelting and rolling processing industry increased by 23.2%, the special equipment manufacturing industry increased by 7.1%, the automobile manufacturing industry increased by 8%, and the electrical machinery and equipment manufacturing industry grew. 16.3%, computer, communications and other electronic equipment manufacturing increased by 17.7%, coal mining and washing industry decreased by 19%, general equipment manufacturing industry decreased by 0.3%, electricity, heat production and supply industry decreased by 4.5%, oil and natural gas extraction industry From the same period profits to losses.
At the same time, Dr. He Ping of the Department of Industry of the National Bureau of Statistics said in an interpretation of the profit statistics of industrial enterprises from January to July 2016 that one of the reasons for the acceleration in the profit growth of industrial enterprises in June was the recent rebound in the prices of steel and non-ferrous metals, as well as a significant profit in the same period last year. On the low side, the profits of the steel and nonferrous metals industries are clearly better. Affected by factors such as changes in the international market and structural reforms in the domestic supply side, in July, the ex-factory price of ferrous metal smelting and rolling processing industry rose by 2% year-on-year, while it decreased by 1.3% year-on-year in June, and industry profits from the same period last year was a loss of 1.39 billion yuan. The profit was 14.83 billion yuan, a year-on-year increase of 16.22 billion yuan, while the profit in June increased by 7.58 billion yuan. In July, the ex-factory price of nonferrous metal smelting and rolling processing industry dropped by 2% year-on-year, and the decline was noticeably narrowed by 4.1% from June, and industry profits increased by 6 billion yuan year-on-year, which was a year-on-year increase of 3.55 billion yuan. The above two industries combined to drive the profit growth rate of industrial enterprises above designated size to accelerate by 2.8 percentage points, contributing 47.5% to the accelerating profit growth of industrial enterprises above designated size.
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