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Manufacture of chemical fibers decline
Jun '08
From January to May, the industrial enterprises above designated size (all state-owned enterprises and non-state-owned enterprises with an annual sales over 5 million yuan, same as follow) reached 1094.4 billion yuan, rose by 20.9 percent over the same period of the previous year.

Among the industrial enterprises that above designated size, the profits made by state-owned and state-controlled enterprises achieved 424.6 billion yuan, increased 1.5 percent year-on-year; that of collective-owned enterprises was 28.3 billion yuan, up by 35.3 percent; that of Joint-stock cooperative enterprises reached 6.3 billion yuan, jumping 16.6 percent; that of share-holding enterprises gained 601.0 billion yuan, up by 24.1 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 311.9 billion yuan, increased 22.4 percent; and that of private enterprises reached 210.5 billion yuan, rose by 51.0 percent.

Within 39 branches of industry, the profits of extraction of petroleum up by 54.3 percent, that of chemical industry and manufacture of special purpose machinery industry grew by 26.0 and 25.9 percent respectively, year-on-year. While the profits of manufacture of chemical fibers declined 26.8 percent respectively, processing of petroleum industry turned to get net loss of 44.3 billion yuan from profits gains of 35.2 billion yuan from of last year.

The total volume of tax contributed by industrial enterprises above designated size was 788.9 billion yuan, a year-on-year increase of 26.4 percent.

The main income for industrial enterprises above designated size reached 18,376.8 billion yuan, increased 29.3 percent over the same period of the previous year.

By the end of May, the total volume of net receivable for industrial enterprises above designated size amounted to 4031.2 billion yuan, a year-on-year increase of 17.2 percent. The total value of finished products for industrial enterprises was 2008.3 billion yuan, rose by 26.1 percent.

National Bureau Of Statistics of China (NBS)

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