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Li Xiaochao said at the press conference on the macroeconomic situation in the first quarter held by the Information Office of the State Council that according to the type of registration, the state-owned and state-controlled enterprises increased their industrial added value by 19.9% ​​in the first quarter, collective enterprises by 13.0%, and joint-stock enterprises by 20.8%. Foreign-invested enterprises from Hong Kong, Macao and Taiwan increased by 18.8%.
At the same time, heavy industry in the country increased by 22.1% and light industry increased by 14.1%. All 39 major industries across the country achieved year-on-year growth. In terms of regions, the eastern region grew by 18.3%, the central region by 23.1%, and the western region by 20.2%. Industrial production and sales were in good condition. The sales rate of industrial products in the first quarter was 97.5%, an increase of 0.5 percentage points over the same period of the previous year.
He said that in January and February, the profits of industrial enterprises above designated size reached 486.7 billion yuan, a year-on-year increase of 119.7%. Among the 39 major industries, 35 industries saw a year-on-year increase in profits, two industries turned from loss to profit, and one industry lost.
In the first quarter, China’s industrial production rebounded rapidly
Li Xiaochao, spokesman of the National Bureau of Statistics, said on the 15th that in the first quarter, China’s industrial production rebounded rapidly and corporate profits increased substantially. The added value of industrial enterprises above designated size increased by 19.6% year-on-year, 14.5 percentage points higher than the same period of the previous year.