In the first two months, the profits of Enterprises above designated size increased by 5.0%, which continued to boost the industrial economy and still needs to be strengthened

2022-03-28

In the face of new downward pressure, the industrial economy recovered steadily at the beginning of the year. According to the data released by the National Bureau of statistics on the 27th, from January to February, the profits of Industrial Enterprises above designated size increased by 5.0% year-on-year, up 0.8 percentage points from December last year. However, at present, there are more uncertain and unstable factors at home and abroad, and the foundation for the sustained recovery of the industrial economy is not solid. Efforts need to be made to continuously boost the operation of the industrial economy. Under the combined effect of accelerated industrial production and higher year-on-year increase in ex factory prices of industrial products, the sales of industrial enterprises increased rapidly. Statistics show that from January to February, the operating revenue of Industrial Enterprises above designated size increased by 13.9% year-on-year, 1.6 percentage points higher than that in December last year. Among the 41 major industrial industries, the revenue of 40 industries increased year-on-year. "Most industries have achieved profit growth. Among the 41 major industrial industries, 22 industries have achieved year-on-year profit growth or loss reduction, of which 15 industries have a profit growth rate of more than 10%." Zhu Hong, Senior Statistician of the industrial department of the National Bureau of statistics, said. The profits of some consumer goods industries increased rapidly. Driven by factors such as the boost of consumption during the Spring Festival, the profits of some basic consumer goods industries increased rapidly. From January to February, the profits of wine and beverage, textile, food manufacturing, culture, education, industry and beauty increased by 32.5%, 13.1%, 12.3% and 10.5% respectively year-on-year. Industrial economy is the "ballast" of economic development. Zhu Hong said that since the beginning of this year, in the face of the complex and severe economic situation at home and abroad, all regions and departments have increased efforts to stabilize growth and support the real economy, and the efficiency of industrial enterprises has continued the recovery trend since last year. It is worth noting that industrial enterprises above designated size are industrial legal entities with an annual main business income of 20 million yuan or more. Although the profits of Industrial Enterprises above designated size increased slightly in the first two months, many small and micro enterprises are still facing many risks and challenges such as rising raw material prices and high logistics and transportation costs, and the stable recovery of industrial economy is not firm. "From January to February, the profit growth rate of industrial enterprises was affected by the high base, which was significantly lower than that of last year. The cost pressure of enterprises increased, and the profit margin and the level of production and marketing connection decreased; the improvement of enterprise profits was still uneven, the profit growth of downstream industries, especially small, medium and micro enterprises, was slow, the production and operation of enterprises still faced many difficulties and challenges, and the foundation for the continuous recovery of the efficiency of industrial enterprises was still not solid." Zhu Hong said. In addition, since March, the operation of the industrial economy has faced new unstable and uncertain factors. It is still necessary to strengthen the implementation of the issued policies to promote the sustained and stable growth of the industrial economy. The reporter learned that the Ministry of industry and information technology has studied and deployed the work of promoting the sustained and stable growth of the industrial economy, and made it clear that it will strengthen the implementation of policies and measures such as tax reduction and fee reduction, strengthen the rescue and optimization of enterprises, improve the development level of "specialization and innovation", and effectively ensure the stable operation of key industrial chains. Zhu Hong said that in the next stage, we should continue to do a good job in ensuring the supply and price of bulk commodities, effectively reduce the production costs of enterprises, especially the costs of middle and downstream enterprises, implement the supporting policies for the manufacturing industry and the tax reduction and fee reduction policies for small and micro enterprises, help enterprises solve difficulties, and promote the stable operation, quality and efficiency of the industrial economy. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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