China Financial Daily

Bureau of Statistics: the former in July down 17.3 percent year on year industrial profits down 77.3% iron and steel magnate
August 28 morning, the National Bureau of Statistics released 1-7 months the industrial situation of the country’s 22 districts, including 1.1107 trillion yuan in profits, down 17.3%, a decline of more than 1-6 months decreased 3.8 percentage points. 22 Regional Industrial realized main business income of 21.4043 trillion yuan, an increase of 0.9%, compared with 1-6 months to speed up 0.5 percentage points. The following text:

1-7 months, the country’s 22 regions [1] industry realized profits of 1.1107 trillion yuan, down 17.3%, a decline of more than 1-6 months decreased 3.8 percentage points.

Among the 39 major categories of industrial sectors, 14 industry profit growth rebound in nine industries fell more than 1-6 months reduced, four-up of industry profit from falling. Among them, the rubber industry profits rose 34.3%, an increase of more than 1-6 months increased 19.8 percentage points; general equipment manufacturing industry increased 3.9%, an increase of 3.6 percentage points increase; oil exploration industry realized profits of 81.33 billion yuan, down 71.1%, a decline of the month compared with 1-6 narrow 5.0 percentage points; iron and steel industry realized profits of 29.8 billion, down 77.3%, a decline of 7.7 percentage points to narrow; non-ferrous industry realized profits of 17.84 billion yuan, down 63.9%, a decline of 2.9 percentage points to narrow; electronics industry realized profits of 27.65 billion yuan, down 43.5%, a decline of 5.9 percentage points to narrow; chemical fiber industry, fell by 4.6% from 1-6 to 1-7, rose 16.5%; transportation equipment manufacturing industry fell 1.1% to growth of 5.9%.

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