China Financial Daily

Bureau of Statistics: Industrial profit decline continued to decline
According to Xinhua News Agency, the National Bureau of Statistics data released on the 31st showed that 1-4 months, the country’s 22 provinces, large-scale industrial enterprises realized a total profit fell 27.9 percent, than in the first quarter fell 4.3 percentage points to narrow.

Recently, the National Bureau of Statistics survey in the original published bimonthly national economic efficiency of industrial enterprises above designated size, based on some increase in the monthly survey released data provinces (autonomous regions and municipalities), economic efficiency of industrial enterprises above designated size in order to improve the economic trends of the monitoring frequency.

Statistics show that 1-4 months, in addition to Beijing, Inner Mongolia, Hunan, Guangdong, Anhui, Hainan, Chongqing, Yunnan and Tibet provinces other than the 22 above-scale industrial enterprises realized a total profit of 487.3 billion yuan. 39 industrial categories, the 23 pick-up or drop their rate of profit growth to narrow.

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