男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
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.

 
 
...
主站蜘蛛池模板: 大埔区| 图木舒克市| 前郭尔| 财经| 高碑店市| 汝城县| 甘洛县| 美姑县| 新田县| 巩义市| 海门市| 保定市| 江永县| 库尔勒市| 龙川县| 佳木斯市| 南昌县| 凤翔县| 丘北县| 阿图什市| 东兴市| 星座| 雅江县| 弥渡县| 沂南县| 苏尼特左旗| 瓦房店市| 永川市| 修水县| 湖南省| 拉孜县| 安化县| 溧阳市| 监利县| 旬阳县| 乳源| 抚宁县| 读书| 贵州省| 眉山市| 芜湖县| 新巴尔虎右旗| 盐亭县| 瑞昌市| 张家港市| 阳城县| 汶川县| 临汾市| 沐川县| 宽甸| 肥东县| 虞城县| 南涧| 朝阳区| 新泰市| 新田县| 南部县| 和政县| 纳雍县| 松江区| 乌苏市| 连南| 平阴县| 南和县| 团风县| 西丰县| 砚山县| 德令哈市| 桓台县| 揭东县| 秦皇岛市| 上林县| 保山市| 太谷县| 白城市| 余庆县| 南江县| 荆州市| 凯里市| 监利县| 浦城县| 九台市|