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.' d1 c3 ^. s l' L/ n
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.
' ?- F8 v( k3 M& m$ a+ Z. p Profits at Chinese industrial enterprises whose annual sales exceed 5 million yuan ($746,268) totaled 2.49 trillion yuan in the nine-month period.4 ?' c8 i' N4 Q/ ]9 s$ {
Combined revenues for Chinese industrial enterprises rose 32.6 percent year-on-year to 40.32 trillion yuan in the period.
d" a/ d4 v+ P- w That growth rate was 1.1 percentage points lower than that in the January-to-August period, the NBS said.( j8 _" ?$ [) |3 h& r3 s$ A, ^
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.5 S) n* i4 H. W; t3 I) r
In the category of communications equipment, computers and other electronic equipment manufacturing, profits rose 86.1 percent.
3 r& I A8 o$ j' R% v* [ Profits from oil and gas exploitation jumped 81.4 percent.
& U: n x0 [' ~* S6 Z Only one of the 39 industrial categories saw its profits drop - oil refining, coking and nuclear fuel processing. Their profits fell 23 percent. |