日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

left corner left corner
China Daily Website

Theories given for industry's profit decline in Sept

Updated: 2013-10-29 07:26
By Chen Jia ( China Daily)

Chinese industrial companies recorded profit growth of 18.4 percent year-on-year in September, slowing from 24.2 percent in August, the National Bureau of Statistics said.

Despite the moderation, industrial producers still have positive expectations for the coming months, which may support further solid profit growth, analysts said.

During the first nine months, industrial profits increased 13.5 percent, accelerating from 12.8 percent in the January-August period, the NBS said in a report on Sunday.

Sales were up 11 percent as of September, compared with 10.9 percent as of August.

He Ping, an NBS economist, said that the relatively fast expansion of industrial profits in September reflected a combination of sales growth, higher ex-factory prices and lower costs.

However, he said, a slowdown in investment income resulted in more moderate profit growth in September.

Zhu Haibin, chief economist in China at JPMorgan Chase & Co, attributed the profit slowdown to the base effect: Industrial profits rose 7.8 percent in September 2012, compared with a decline of 6.2 percent in August last year.

The NBS said that last month, five industries - ferrous metal smelting, vehicle production, petroleum, coking and nuclear fuel processing - contributed 37.6 percent of the profit increase.

State-owned enterprises' profits were up 9.4 percent year-on-year in September, while the growth rate for private enterprises was 17 percent, the NBS said.

Fan Jianping, chief economist at the State Information Center, a government think tank, said that the improvement in industrial profits was another piece of evidence that the overall economy had begun to improve in the third quarter.

Based on firmer domestic demand and an accelerating overseas recovery, China's GDP was up 7.8 percent in the third quarter, compared with 7.5 percent in the second quarter.

The HSBC flash Purchasing Managers' Index for October indicated that activity is likely to rise to a seven-month high of 50.9, compared with 50.2 in September, because of increased output and new orders.

Wang Tao, chief economist in China at UBS, said that in the coming months, the industrial sector may maintain steady profit growth, because the government has shown no signs of further crimping property construction.

"That will support growth and help digest some of the excess capacity in some heavy industries," Wang said.

Wang added that a comprehensive reform package would likely be announced at the upcoming Third Plenary Session of the 18th Central Committee of the Communist Party of China.

Analysts said more reforms related to urbanization, industrial restructuring and encouraging private investment will reinforce the industrial sector's development.

 
8.03K
 
...
主站蜘蛛池模板: 国产++欧洲韩国野花视频 | 午夜精品久久久久久99热7777 | 一区二区三区成人 | 激情五月综合婷婷 | 无码日本亚洲一区久久精品 | 成人自拍在线 | 日韩黄色网 | 我要看免费毛片 | 东京不太热在线新视频 | 一区二区在线免费观看 | 色婷婷国产 | 日本三级2020| 久久天堂av | 精品极品三级久久久久 | 毛片毛片毛片毛片毛片 | 午夜精品影院 | 亚洲精品www | 91麻豆精东果冻天美传媒老狼 | 美xxxx| 国产精品免费观看视频 | 亚洲视频天堂 | 欧美日韩国产精品自在自线 | 一区二区日韩 | 久久精品久久精品久久 | 欧美亚洲激情在线 | 九一精品 | 久久国产免费看 | 极品狂兵电视剧免费观看 | 国产成人亚洲毛片 | 亚洲天堂午夜 | 欧美成人三区 | 九九精品在线 | 成人一区二区三区在线观看 | 日产一卡二卡乱码免费 | 亚洲欧美日韩精品高清 | 欧美高清成人 | 国产精品国产三级国产aⅴ入口 | 黄视频网站 | 精品国产一区探花在线观看 | 国产一区二区三区视频 | 日本一本免费一二区 |