久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  Home>News Center>China
       
 

Industrial profits slow in first months
By Su Bei (China Daily)
Updated: 2005-05-23 22:49

The nation's industrial firms saw profits dip in the first four months of the year largely due to the government's macro-control measures.

The Geely semi-compact cars line up for final examine before heading for the market in east Zhejiang Province April 14, 2005. [newsphoto/file]
The National Bureau of Statistics said yesterday profits made by industrial firms rose 15.6 per cent year-on-year to 389.3 billion yuan (US$46.9 billion) during the January-April period.

However, this was down on the rise of 45.7 per cent to 334.2 billion yuan (US$40.3 billion) during the same period last year.

Wang Zhao, a senior researcher with the State Council Development Research Centre, said the dip was in line with the country's current economic situation.

"The economy has stepped into a stable development period, from an upward trend during the past three years from 2002," he said.

Zhang Xueying, a senior economist with the State Information Centre, said the profit slow-down was the result of a decline in fixed asset investment following the macro-control measures.

Since mid-2003, China has taken a raft of measures including strict land supply management and an interest rate rise for the first time in nearly a decade to cool investment in sectors such as steel and cement.

The measures had a big impact on fixed asset investment and company profits as well, Zhang said.

Zhuang Jian, a senior economist with the Asian Development Bank, said higher prices for products such as oil and raw materials, as well as fierce competition, have also squeezed industrial companies' profit margins.

Prices of energy and raw materials rose 9.9 per cent during the first four months and producer prices rose 5.8 per cent. But consumer prices only climbed 2.6 per cent.

"Companies prefer losing profits rather than market share amid fierce competition," Zhuang said.

According to the statistics bureau, profits earned by State-owned firms and firms in which the State holds a majority stake grew 14.1 per cent year-on-year during the first four months, while that by overseas-funded firms declined 3.5 per cent.

Earnings at coal and crude oil producers rose 98 per cent and 69.8 per cent respectively during the four months, while that of companies in the transport equipment and electricity power sectors declined 52 per cent and 28.5 per cent.

Net losses at unprofitable firms stood at 71.8 billion yuan (US$8.7 billion), up 46.1 per cent, the bureau said.



 
  Today's Top News     Top China News
 

Vice Premier Wu Yi cancels meeting with Koizumi

 

   
 

US poised to ratchet up textile protectionism

 

   
 

Industrial profits slow in first months

 

   
 

Cash aid to level ethnic poverty

 

   
 

Shares end at 6-year lows as textiles dive

 

   
 

Local textile sales will offset export curbs

 

   
  President Hu says China needs stable environment
   
  China cuts gasoline prices
   
  Number of CPC members reaches 69.6 million
   
  Volunteers to clean up Mount Qomolangma
   
  Can China build its own Silicon Valley?
   
  Local textile sales will offset export curbs
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Industry, inflation may have cooled in April
   
Industry, inflation may have cooled in April
   
Circulation industry expects growth
   
Joint film academy to be set up in Beijing
   
Flooring biz aims for the sky
   
Jan-Feb industry output climbs by 16.9%
   
Jan-Feb industry output climbs by 16.9%
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 毛片在线网站 | 亚洲精品一 | 久久国产影视 | 综合久久精品 | 国产爱视频 | 欧美一级特黄aa大片视频 | 美女一级ba大片免色野外 | 亚洲美女在线视频 | 亚洲精品中文一区不卡 | 国产精品 色 | 亚洲高清视频在线观看 | 国产综合成人久久大片91 | 日本69色视频在线观看 | 69性欧美高清影院 | 久久精品国产99久久6动漫欧 | 加勒比综合在线 | 韩国美女激情视频一区二区 | 欧美一二三区在线 | 国产亚洲精品国产一区 | 国产精品视频成人 | 日韩精品一区二三区中文 | 青木玲中文字幕一区二区 | 成人免费视频网 | 成人免费网站久久久 | 女人张开腿让男人捅爽 | 日本在线看小视频网址 | 乱人伦中文字幕视频 | 国产在线精品一区二区夜色 | 男女一级爽爽快视频 | 成人爽爽大片在线观看 | 免费观看欧美成人禁片 | 国产在线91精品 | 亚洲品质自拍网站 | 国产在线一区二区三区欧美 | 亚洲成人18| 国产一级片播放 | 亚洲国产成人久久一区www | 国产亚洲精品网站 | 久久免费成人 | 免费一区二区三区 | 国产a自拍|