久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Industrial profit growth slower

By Xin Zhiming and Wang Yanfei | China Daily | Updated: 2018-11-28 04:50
Share
Share - WeChat
Employees perform smelting operations at a steel plant in Maanshan, Anhui province. [Photo by Zhang Mingwei/For China Daily]

Profit growth among China's industrial firms cooled for a sixth straight month in October due to softening factory prices and a high comparative base effect, the National Bureau of Statistics said on Tuesday.

Analysts said the weakening trend may continue into next year amid overall economic growth easing.

Profits of China's major industrial firms rose 3.6 percent in October from a year earlier to 548 billion yuan ($78.92 billion), a seven-month low, down from 4.1 percent in September, according to the NBS.

Industrial profits grew 13.6 percent year-on-year in the January-October period, down from 14.7 percent for the January-September period, the NBS said.

"The slowing profit growth was mainly due to falling factory prices of industrial products and the high base the previous year," He Ping, a senior NBS official, said in a statement.

Ten-month profits in 34 of the 41 sectors surveyed rose compared with one year earlier, unchanged from that for January-September, according to the data.

The steel, construction material, oil and chemical sectors contributed 75.7 percent to the overall industrial profit increase.

Profits within the oil and natural gas exploitation sectors rose by 3.7 times in the January-October period, while automotive industry profits fell 5.4 percent year-on-year.

Profits of State-owned enterprises increased by 20.6 percent in the January-October period, 2.7 percentage points down from the first nine months.

Those of private enterprises increased by 9.3 percent in the same period, unchanged from the first nine months, marking an end to the trend of falling profits since July.

Some economists said the weakening profit growth could continue in the coming months.

"We expect the downtrend in industrial profit growth to continue in the months ahead given weakening domestic demand, already-high financing costs, rising credit defaults and the China-US trade conflict," said Nomura Securities in a research note.

Given the possibility of continued economic weakening, rising oil prices and an expectation of falling factory prices for industrial products, corporate profit growth may continue to be under pressure in the coming months, said Zhao Wei, an analyst at Changjiang Securities.

Contact the writers at xinzhiming@ chinadaily.com.cn

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产欧美一区二区三区久久 | 99免费在线视频 | 三级视频在线播放线观看 | 久草福利社 | 99精品免费久久久久久久久日本 | 亚洲国产精品网站久久 | 成人免费视频国产 | 精品视频久久久久 | 亚洲国产精品久久精品成人 | 国产视频自拍偷拍 | 国产午夜永久福利视频在线观看 | 偷自拍| 国产一级大片在线观看 | 欧美一级免费大片 | 成人欧美精品一区二区不卡 | 久久3| 中国国语毛片免费观看视频 | 伊人情人综合网 | 欧美成a人免费观看久久 | 亚洲视频在线网 | 国产成人精品天堂 | 国产午夜三级 | 女子张开腿让男人桶视频 | 久免费视频 | 韩国一级片视频 | 性夜影院爽黄a爽免费看网站 | 99久久免费精品国产免费高清 | 成年网站视频在线观看 | 亚洲国产夜色在线观看 | 亚洲成aⅴ人片在线观 | 成人午夜在线视频 | 日本一区二区三区在线 视频观看免费 | 在线午夜影院 | 国产精品一区二区免费 | 黄色一级网址 | 国产美女视频做爰 | 美女动作一级毛片 | 一区二区三区视频 | 亚洲国产99在线精品一区二区 | 中国一级毛片视频 | 国产91区|