On August 27th, the National Bureau of Statistics released the profit situation of industrial enterprises above designated size in China from January to July 2024. Data shows that industrial enterprises above designated size in China achieved a total profit of 40991.7 billion yuan, a year-on-year increase of 3.6%.
Among 41 major industrial sectors, the paper and paper products industry achieved a total profit of 26.52 billion yuan from January to July 2024, a year-on-year increase of 107.7%; The printing and recording media reproduction industry achieved a total profit of 18.68 billion yuan from January to July 2024, a year-on-year increase of 17.1%.
In terms of revenue, from January to July 2024, industrial enterprises above designated size achieved a revenue of 75.93 trillion yuan, a year-on-year increase of 2.9%. Among them, the paper and paper products industry achieved a revenue of 814.9 billion yuan, a year-on-year increase of 5.9%; The printing and recording media reproduction industry achieved a revenue of 366.95 billion yuan, a year-on-year increase of 3.3%.
Yu Weining, a statistician from the Industrial Department of the National Bureau of Statistics, interpreted the profit data of industrial enterprises and stated that in July, with the steady progress of high-quality development of the industrial economy, the continuous cultivation and growth of new driving forces, and the stability of industrial production, industrial enterprise profits continued to recover. But at the same time, it should be noted that domestic consumer demand is still weak, the external environment is complex and changing, and the foundation for industrial enterprise efficiency recovery still needs to be further consolidated.
Post time: Aug-30-2024