From January to July, the total profit of chemical enterprises above designated size increased by 13

In the first seven months of this year, the total profits of industrial enterprises above designated size in China reached 3,523.59 billion yuan, an increase of 6.9 percent year-on-year and 0.7 percentage points higher than that in the first six months of this year. Among them, the total profit of chemical raw materials and chemical products manufacturing industry increased by 13.2% year-on-year.

From January to July, among industrial enterprises above designated size, the total profit of state-owned holding enterprises was 651.26 billion yuan, down 6.1 percent year on year; The total profits of collective enterprises totaled 25.54 billion yuan, down 0.5%; The total profit of joint-stock enterprises reached 2,412.39 billion yuan, up by 7.9%; The total profit of enterprises invested by foreign investors and those from Hong Kong, Macao and Taiwan reached 874.86 billion yuan, up by 6.8%; The total profits of private enterprises reached 1,224.45 billion yuan, an increase of 8.7%.

From January to July, among the 41 industrial categories, the total profit of 30 industries increased year-on-year, 1 was flat, and 10 industries decreased. The profits of the main industries are as follows: The total profit of the agricultural and sideland-food processing industry increased by 10.2% year-on-year, the textile industry by 6.1%, the petroleum processing, coking and nuclear fuel processing industry by two times, the manufacturing of chemical raw materials and chemical products by 13.2%, the non-metallic mineral products industry by 7.8%, and the ferrous metal smelting and rolling processing industry by 1.3 times. The non-ferrous metal smelting and rolling processing industry grew by 23.2%, the special equipment manufacturing industry by 7.1%, the automobile manufacturing industry by 8%, the electrical machinery and equipment manufacturing industry by 16.3%, the computer, communications and other electronic equipment manufacturing industry by 17.7%, the coal mining and washing industry by 19%, and the general equipment manufacturing industry by 0.3%. Electricity and heat production and supply fell 4.5 percent, while oil and gas extraction swung from a profit to a loss.