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

Room at the top for banks as margins rise

Updated: 2013-07-17 07:06
By Wei Tian in Shanghai ( China Daily)

Room at the top for banks as margins rise

Financial sector accounts for 50% of profits of Fortune 500 China

State-owned banks have made the largest fortunes among all of China's largest companies as experts urged the financial sector to better support manufacturers struggling amid an economic downturn.

Only 26 financial institutions were among the ranks of the 500 largest companies in China by revenue, which was released by Fortune Magazine on Tuesday, yet they accounted for more than half of the profits among all the companies.

Zhou Zhanhong, acting executive editor-in-chief of the Chinese edition of the magazine, said the share of profits for the financial sector rose from 41.3 percent in 2010 to 50.2 percent in 2012.

Banks also have the highest profit margins, which are between 30 and 40 percent, according to the magazine.

The combined revenues of this year's top 500 Chinese companies stood at 26.18 trillion yuan ($4.27 trillion), up 10 percent from a year earlier.

Total profits rose 3 percent to 2.17 trillion yuan.

The "Big Four" State-owned commercial banks topped the profit ranking, led by Industrial and Commercial Bank of China Ltd, the world's largest commercial bank by market value. ICBC achieved 238.5 billion yuan in net earnings in 2012, up 15 percent.

By contrast, 46 companies on the list reported losses, compared with 21 in the previous year.

China COSCO Holdings Co dominated the table with 9.56 billion yuan of losses in 2012.

"This is a reflection of the severe situation faced by the real economy," said Luo Zhongwei, a senior researcher with the Institute of Industrial Economics under the Chinese Academy of Social Sciences.

"The booming financial sector is adding further pressure on manufacturers, who are already dealing with very slim profit margins.

"The large gap among different industries is a sign of a disordered market. As a result everyone would want to squeeze into sectors with higher profit margins," he said.

The HSBC Purchasing Managers' Index, an indicator of manufacturing activities, slowed to the lowest point in nine months in June, while official data released on Monday showed that economic growth eased further to 7.5 percent in the second quarter from the first three months.

"At this stage, China must develop its manufacturing sectors and financial sectors should be further reformed to better serve the real economy," he said.

Previous Page 1 2 Next Page

 
 
...
主站蜘蛛池模板: 上栗县| 平南县| 西城区| 五常市| 墨脱县| 淮南市| 龙游县| 全椒县| 永修县| 荃湾区| 古浪县| 甘孜县| 翼城县| 蒲城县| 辽阳县| 韶关市| 车致| 富蕴县| 林口县| 石狮市| 灌云县| 连城县| 宜川县| 洱源县| 安新县| 镇沅| 新郑市| 肃宁县| 兰州市| 北票市| 乌兰浩特市| 平山县| 金华市| 洞头县| 兰考县| 双鸭山市| 阜南县| 满洲里市| 蒲城县| 罗定市| 云南省| 定州市| 岑溪市| 唐海县| 阳泉市| 沐川县| 阳泉市| 石阡县| 平乡县| 于都县| 五大连池市| 吉林省| 双江| 梁河县| 志丹县| 白朗县| 临武县| 安泽县| 治县。| 汾阳市| 虞城县| 会理县| 分宜县| 扶余县| 波密县| 牙克石市| 乌拉特后旗| 蓬莱市| 定襄县| 瑞安市| 重庆市| 张北县| 同德县| 读书| 越西县| 密云县| 洛宁县| 察隅县| 平阴县| 闽清县| 天峻县| 尚志市|