三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Industrial profits' growth buoys outlook

By Xin Zhiming | China Daily | Updated: 2016-12-28 08:04

China's industrial profits registered 14.5 percent growth year-on-year in November, the fastest in three months, which analysts said is a solid sign of improving economic fundamentals.

Profits in November totaled 774.6 billion yuan ($111.4 billion), and in the first 11 months, total industrial profits reached 6.03 trillion yuan, up by 9.4 percent year-on-year. That was 0.8 percentage point faster than in the January-October period, the National Bureau of Statistics said on Tuesday.

Industrial profits' growth buoys outlook

Industrial profits increase has been rebounding since summer after tumbling to as low as 3.7 percent in May and peaking at 19.5 percent in August, which is attributable to recovery in commodity prices. The country's recovering industrial output is also behind the rising profit level.

Profits of electronics, telecommunications, equipment manufacturing and oil-related industries rose at a fast pace in November, pushing up overall profit growth, according to the NBS.

"The trend of improving corporate profit growth has been gradually consolidated," He Ping, an NBS official, said in a note after the release of the data. "As the country's supply-side structural reform gradually deepens, its industrial structure will continually improve and new growth momentum will continue to accumulate, hopefully leading to stable growth in profits of industrial enterprises," He said.

But the official conceded that problems remain. "Industrial profits rose relatively fast due to a lower base last year, and the growth was overly reliant on a price rebound in raw material industries such as oil refining and iron and steel."

Nomura Securities economists Zhao Yang and Wendy Chen agreed. "The improvement was mainly due to rising prices, as producer price index (gauging factory-gate prices) inflation jumped strongly to 3.3 percent in November, and to a low base, given consistent negative profit growth throughout the whole of 2015," they said in a research note.

"We expect profit growth to rise further in December, as high price inflation and a low base continue to play a role."

China achieved faster-than-expected GDP growth of 6.7 percent in the first three quarters of the year, but as the domestic and international economic situation still has many uncertainties, analysts said the country faces an uphill battle in stabilizing the economy next year.

"Some data are improving, but the Chinese economy will remain in a painful transition process next year," said Xia Bin, senior economist and former member of the monetary policy committee of the central bank.

Most Viewed in 24 Hours
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
主站蜘蛛池模板: 国产精品网站在线进入 | 亚洲欧美日韩高清一区二区三区 | 韩国亚洲伊人久久综合影院 | 老头毛片| 黄视频网站免费看 | 伊人7| 国产成人精品午夜免费 | 国产成人19禁在线观看 | 亚洲国产精品二区久久 | 五月久久亚洲七七综合中文网 | 亚洲在线观看一区二区 | 欧美视频一区二区三区在线观看 | 亚洲婷婷丁香 | 欧美成人做性视频在线播放 | 国产精品最新 | 97菊爱网| 免费看一级欧美毛片视频 | 日本欧美做爰全免费的视频 | 亚洲人和日本人jizz | 一级黄色性感片 | www在线小视频免费 www在线观看免费视频 | 日韩中文字幕网站 | 任你干免费视频 | 三级久久 | 午夜精品久久久久久91 | 97麻豆精品国产自产在线观看 | 在线亚洲精品国产成人二区 | 欧美亚洲国产精品第一页 | 国产色视频网站免费观看 | 中文国产成人精品久久久 | 欧美性猛交xxx免费看人妖 | 91日韩欧美 | 精品国产中文字幕 | 在线观看永久免费 | 青草国产精品久久久久久 | 国产在线观看成人免费视频 | 国产成人亚洲综合a∨婷婷 国产成人亚洲综合无 | 国产精品va在线观看一 | 国产伦理久久精品久久久久 | 理论亚洲区美一区二区三区 | 看全大色黄大色黄大片一级爽 |