In the first 11 months, the profit decline of industrial enterprises above designated size narrowed.

From January to November, the total profit of industrial enterprises above designated size decreased by 1.9% year-on-year, and the decline was 0.1 percentage points lower than that of January-October.
Among them, the profit in November fell by 1.4%, and the decline was 3.2 percentage points lower than that in October.
The National Bureau of Statistics released the financial data of the above-mentioned industrial enterprises on December 27.
Dr. He Ping from the Industrial Division of the National Bureau of Statistics said that the five major factors, such as the decline in product sales and the rise in unit costs, have contributed to the positive changes in corporate profits.
As the end of the year, enterprises accelerated inventory and settlement, and appropriately reduced profit and loss, net income outside the business increased significantly. In November, industrial enterprises above designated size achieved non-operating income of 53.18 billion yuan and non-operating expenses of 26.27 billion yuan. The net income of non-operating activities was 26.91 billion yuan, an increase of 23.35 billion yuan year-on-year. The increase was 16.18 billion yuan more than that in October. .
Also affected by the year-end closing factors, in terms of investment income, in November, investment income of industrial enterprises above designated size increased by 9.25 billion yuan year-on-year, an increase of 9.17 billion yuan over October.
He Ping also pointed out that the driving effects of the automobile and electric power industries on the profits of enterprises above designated size are obvious. Overall, although the decline in profits of industrial enterprises has narrowed, the unfavorable factors still exist: First, the growth of finished goods inventory has accelerated. At the end of November, the inventory of finished products of industrial enterprises above designated size increased by 4.6% year-on-year, an increase of 0.1 percentage points over the end of October; the second is that the growth rate of accounts receivable is still high. At the end of November, corporate accounts receivable increased by 7.8% year-on-year, an increase of 6.8 percentage points higher than the main business income in November.
From the perspective of real economic data at the end of the year, there was warming up in the last month. For example, in November, the added value of industrial enterprises above designated size increased by 6.2% year-on-year, and the growth rate rose by 0.6 percentage points from October.
Although the data highlights the possibility that the economy is stabilizing at the end of the year, overall, the situation of insufficient demand has not changed significantly, and the driving force for recovery still needs to be strengthened. In particular, the rebound in industrial data is closely related to the warming of a few industries such as automobiles. But the real warming needs other industries to support. In addition, the rebound in growth rate is also related to the low base in the same period last year.
For the growth trend next year, UBS Securities China’s chief economist believes that under the framework of the “13th Five-Year Plan” and in order to stabilize market expectations, the decision-making layer reiterated that it is necessary to keep the economy running in a reasonable range and will put the economy in 2016. The growth target is set at 6.5% or above. At the same time, it will increase the intensity of active fiscal policies, including further tax cuts and increased infrastructure and social security spending. The fiscal deficit may increase to more than 3%, and quasi-fiscal spending will continue to increase.
In terms of reform, the market is also looking forward to speeding up the process of de-capacity, destocking, de-leveraging, cost reduction, and short-term task promotion next year, and reforming state-owned enterprises, relaxing factor prices, household registration and labor market reforms, or helping to promote the market. Accelerated progress in the market-based reform of interest rate allocation.

Two unfavorable factors still exist in the decline in the profit decline of industrial enterprises in November
On December 27, the National Bureau of Statistics released the profit data of industrial enterprises: In the first 11 months of this year, the total profit of industrial enterprises above designated size decreased by 1.9% year-on-year, and the decline was 0.1 percentage points lower than the previous 10 months. Among them, the profit in November fell by 1.4%, and the decline was 3.2 percentage points lower than that in October.
Dr. He Ping from the Industry Department of the National Bureau of Statistics said that overall, although the decline in profits of industrial enterprises has narrowed, the unfavorable factors still exist. First, the growth of finished goods inventory has accelerated. At the end of November, the inventory of finished products of industrial enterprises above designated size increased by 4.6% year-on-year, an increase of 0.1 percentage points over the end of October. Second, the growth rate of accounts receivable is still high. At the end of November, corporate accounts receivable increased by 7.8% year-on-year, an increase of 6.8 percentage points higher than the main business income in November.
Statistics show that in November, the main business income of industrial enterprises above designated size increased by 1% year-on-year, while in October it fell by 1.4%. In November, industrial enterprises above designated size achieved non-operating income of 53.18 billion yuan and non-operating expenses of 26.27 billion yuan. The net income of non-operating activities was 26.91 billion yuan, an increase of 23.35 billion yuan year-on-year. The increase was 16.18 billion yuan more than that in October. . In addition, investment income in November increased more. The investment income of industrial enterprises above designated size increased by 9.25 billion yuan year-on-year, and the increase was 9.17 billion yuan more than that in October. Automobiles, electric power and other industries are playing an obvious role.
Yuan Lei, director of the Industrial Operations Office of the Institute of Industrial Economics of the Chinese Academy of Social Sciences, said that the economic complexity created by the manufacturing industry is the most important source of economic vitality and economic growth. For Chinese industry, as long as the manufacturing industry can maintain a high growth rate, continuously transform and upgrade and improve the international competitiveness of enterprises, it can continue to develop healthily and continue to play a basic engine role in national economic growth.

Door Holders

Door holders keep doors open to allow people to pass through the doorway while carrying heavy loads. They can also prevent doors from slamming shut.

We feature a selection of decorative door stops and door holders, which includes floor-mounted models and wall mounted door stops.

Can't find what you're looking for? Feel free to consult us. Our expierenced team would help you find the best sourcing.

Magnetic Door Holder,Electromagnetic Door Holder,Door Holder Hook,Door Screen Holder

Leader Hardware Manufacturer Limited , https://www.leaderhardwarecn.com