China4Monthly profit growth of industrial enterprises4.2%The growth rate has significantly declined

China Bureau of Statistics Friday（5month27According to the data released in Japan, 1-4In the month of, industrial enterprises above designated size nationwide achieved total profits18442.2100 million yuan, year-on-year growth6.5%, Acceleration ratio1-3Monthly decline0.9Percentage points,1-3Monthly year-on-year growth7.4%. Among them,4In the month, industrial enterprises above designated size achieved total profits5020.1100 million yuan, year-on-year growth4.2%, Acceleration ratio3Monthly decline6.9Percentage points,3Monthly year-on-year growth11.1%(Growth rate creation)16The highest in months. The Bureau of Statistics stated that overall, the efficiency of industrial enterprises still shows positive changes.Foreign exchange gold



[blockquote]Specifically,1-4In the month of, among industrial enterprises above designated size, state-owned holding enterprises achieve total profits3265.5100 million yuan, a year-on-year decrease7.8%; Collective enterprises achieve total profits137.3Billion yuan, growth0.4%; Total profit realized by joint-stock enterprises12316.4Billion yuan, growth7.4%; Total profit realized by foreign and Hong Kong, Macao, and Taiwan invested enterprises4761.6Billion yuan, growth7.3%; Private enterprises achieve total profits6626.1Billion yuan, growth8.4%。
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Dr. He Ping from the Industrial Department of the National Bureau of Statistics pointed out that overall, the efficiency of industrial enterprises still shows positive changes.

[blockquote]I4The profits of industrial enterprises in the month continued the growth trend since the beginning of the year. Since the beginning of this year, the monthly profits of industrial enterprises have maintained growth, which has changed2015The situation of declining annual profits.

2、 The profit growth of high-tech manufacturing industry is rapid.1-4In the month, the profit of high-tech manufacturing increased year-on-year21.6%Higher growth rate than all industrial enterprises above designated size15.1Percentage points.

3、 The decline in profits in major raw material industries such as steel and non-ferrous metals has been reversed.1-4In the month of, due to the previous price rebound and the low base during the same period, the profit of the black metal smelting and rolling processing industry increased year-on-year41.9%Growth in non-ferrous metal smelting and rolling processing industry6.6%Both have changed the situation of declining profits throughout last year and the first quarter of this year.

4、 Inventory of finished products showed negative growth.4At the end of the month, the inventory of finished products in industrial enterprises decreased year-on-year1.2%This is the first negative growth in recent years, indicating that the inventory pressure of enterprises is easing, which is conducive to the release of production capacity and the increase of production in the future.
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Dr. Heping stated that,4The profit growth rate of industrial enterprises in the month has declined, except for working days（3There are one more working day per month compared to the same month last year,4In addition to the base effect caused by one less working day per month compared to the same month last year, there are mainly the following reasons:

[blockquote]1、 The growth rate of industrial product sales has declined.4In the month of, the main business revenue of industrial enterprises above designated size increased year-on-year2%, Acceleration ratio3Monthly decline2.6Percentage points.

2、 The investment income has shifted from an increase to a decrease.4In the month, the investment income of industrial enterprises decreased year-on-year19.8%, and3Month on year growth20.4%. The investment return has shifted from an upward trend to a downward trend, and its effect on profit growth has also shifted from a positive driving force to a negative driving force, resulting in a decline in the profit growth rate of all industrial enterprises above designated size2.7Percentage points.
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