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China National Bureau of Statistics announced on Saturday, in April the national industrial enterprises above designated size total profit of 57.28 billion yuan, an increase of 14%, growth rate continued to slow down 9.8 percentage points in March.

From January to April, the total profits of industrial enterprises above designated size in China reached RMB2,288.3 billion, up by 24.4% year on year, and the growth rate slowed 3.9 percentage points from January to March.

National Bureau of Statistics Industrial Division He Ping data interpretation, said the slowdown in industrial profits growth is a high return before the reasonable return, the overall view, the current industrial profits remain good growth.

He also pointed out that the profit growth in April than in recent years, 2012-2016 the growth rate was 5.3%, respectively, 12.2%, 3.3%, - 2.3% and 8.5%; while the cumulative profit also maintained a high increase Speed, together with the total profit and new profits are the highest since 2012 over the same period.

"Industrial profits not only maintain a good momentum, the enterprise efficiency indicators are also continuous improvement." He also said that consumer goods manufacturing and high-tech manufacturing industry to enhance the role of profit growth, the main business income profit margin year on year increase, leverage The rate continued to decline.

Bureau of Statistics data and show that as of the end of April, industrial enterprises above designated size asset-liability ratio was 56.2%, down 0.6 percentage points year on year.

From January to April, the total profit of the state-owned holding enterprises was 5,148.6 billion yuan, up by 58.7% over the same period of last year. The total profit of the joint-stock enterprises reached RMB1,157.71 billion, up by 26.7%; the total profits of the private enterprises reached RMB750.7 billion, The

He Ping also pointed out that the price factors contributed to the decline in profit growth, product prices and purchase price of raw materials to the normal return, steel, automobile and chemical industry profits growth slowed down significantly.


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