BEIJING - Chinese industrial profits rose 53.5 percent year on year in the first nine months of 2010, the National Bureau of Statistics (NBS) said Thursday.
0 M0 b9 o! Y+ f% g& t. b That growth rate was 2.8 percentage points lower than that in the first eight months. It was also lower than the 81.6-percent increase recorded in the first five months of the year.2 H0 u4 q( s2 g- q3 ^
Profits at Chinese industrial enterprises whose annual sales exceed 5 million yuan ($746,268) totaled 2.49 trillion yuan in the nine-month period.) I5 _- t4 P" [& h
Combined revenues for Chinese industrial enterprises rose 32.6 percent year-on-year to 40.32 trillion yuan in the period.( c8 z% Y0 o+ N
That growth rate was 1.1 percentage points lower than that in the January-to-August period, the NBS said.
, }) z4 K2 Y) L Profits from the power industry rose 170 percent in the period while profits from ferrous metals mining increased 140 percent. Profits from chemical fiber manufacturing rose 120 percent.
, \) e+ L" D) i' N8 V# ] In the category of communications equipment, computers and other electronic equipment manufacturing, profits rose 86.1 percent.2 t! o0 \# ?9 t
Profits from oil and gas exploitation jumped 81.4 percent.2 r" z+ `: i/ K# s% ~: d( R. ?; i
Only one of the 39 industrial categories saw its profits drop - oil refining, coking and nuclear fuel processing. Their profits fell 23 percent. |