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.
1 H# o. L R/ z 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.
; q9 r) ~( [- P6 l' U Profits at Chinese industrial enterprises whose annual sales exceed 5 million yuan ($746,268) totaled 2.49 trillion yuan in the nine-month period.
; d% s7 J. G8 ]9 ~( H1 d Combined revenues for Chinese industrial enterprises rose 32.6 percent year-on-year to 40.32 trillion yuan in the period." K- U. r+ t( f/ ], [
That growth rate was 1.1 percentage points lower than that in the January-to-August period, the NBS said.
% A" }9 ^2 n( V: E4 P Profits from the power industry rose 170 percent in the period while profits from ferrous metals mining increased 140 percent. Profits from chemical fiber manufacturing rose 120 percent.' d9 Y4 H/ @; U, l0 ]0 k
In the category of communications equipment, computers and other electronic equipment manufacturing, profits rose 86.1 percent.
( Y' M0 r* T8 t" N$ E) Z Profits from oil and gas exploitation jumped 81.4 percent.
" P! G5 ~- J) y$ o$ |! L2 J% \ Only one of the 39 industrial categories saw its profits drop - oil refining, coking and nuclear fuel processing. Their profits fell 23 percent. |