From January to June, the total profit of the national instrument and meter manufacturing industry increased by 6.6% year-on-year

From January to June, the gross profit of industrial enterprises above designated size was 299.982 billion yuan, an increase of 6.2% year-on-year, and the growth rate was 0.2 percentage points lower than that in the first five months. The main business income of instrument and meter manufacturing from January to June was 413.84 billion yuan, up 6.5% year-on-year; total profit was 30.59 billion yuan, up 6.6% year-on-year.

From January to June, among the industrial enterprises above designated size, the total profit of the state-controlled enterprises was 558.04 billion yuan, down 8% year-on-year; the total profits of the collective enterprises were 21.95 billion yuan, down by 1.1%; the total profit of the joint-stock enterprises was 205.72 billion yuan. 7.6%; Foreign-invested enterprises in Hong Kong, Macao, and Taiwan, and corporate investment companies realized a total profit of 742.45 billion yuan, an increase of 5%; private companies realized a total profit of 105.125 billion yuan, an increase of 8.8%.

From January to June, the total profit of manufacturing industry reached 2,720.04 billion yuan, an increase of 12.1%; the total profit of electricity, heat, gas, and water production and supply industries was 257.7 billion yuan, a decrease of 2.3%.

From January to June, among the 41 industrial major industries, the total profits of 30 industries increased year-on-year, with 2 flat and 9 decreasing. The major industry profits were as follows: petroleum processing, coking, and nuclear fuel processing industries grew 2.1 times, chemical materials and chemical manufacturing grew 13.8%, non-metal mineral products increased 5.8%, ferrous metal smelting and rolling processing increased 83.6%, colored Metal smelting and rolling processing industry increased 16.8%, general equipment manufacturing increased 1%, special equipment manufacturing increased 6.8%, automotive manufacturing increased 6.5%, electrical machinery and equipment manufacturing increased 17.9%, computers, communications and other electronic equipment The manufacturing industry grew by 15%, the coal mining and washing industry fell by 38.5%, the power and heat production and supply industries decreased by 3.7%, and the oil and gas exploration industry turned profitable from the same period of time.

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 June 2016 that one of the main reasons for the acceleration of profit growth of industrial enterprises in June was the acceleration of profit growth in industries such as electronics and petroleum processing. In June, affected by the development of mobile phones and other businesses, the profits of computer communications and other electronic equipment manufacturing industries went from negative to positive, up 19.5% year-on-year, and declined by 15.1% in May. Affected by the lower base figure of the same period of last year, the profits of petroleum processing coking and nuclear fuel processing industries increased by 61.9% year-on-year, a significant acceleration of 60.7 percentage points from May. The two industries combined to drive the profit growth of industrial enterprises above designated size by 3.6 percentage points.

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