日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Industrial profits increase for 4th month in a row

By Bloomberg News in Beijing (China Daily) Updated: 2013-01-28 10:21

Chinese industrial companies' profits rose for a fourth month in December, adding to signs the country's economic rebound is gaining momentum.

Net income increased 17.3 percent from a year earlier to 895 billion yuan ($144 billion), the National Bureau of Statistics said on Sunday in Beijing, after a 22.8 percent jump in November. Earnings for the full year gained 5.3 percent.

Industrial profits may rise by an average 30 percent this year as the world's second-biggest economy recovers from a seven-quarter slowdown, businesses start restocking and export demand improves, Standard Chartered Plc forecast. Expansion in gross domestic product may accelerate to 8.1 percent this year from 7.8 percent in 2012, according to the median of 44 analyst estimates in a Bloomberg News survey this month.

"Profit growth will pick up this year on the back of the economic rebound," said Tim Condon, chief Asia economist at ING Financial Markets in Singapore, who previously worked for the World Bank, before the release. "Stronger profit growth will mitigate the slowdown in investment expansion."

China's economic growth will be above 8 percent this year, Lou Jiwei, chairman of the nation's sovereign wealth fund, said at a forum in Beijing. Gross domestic product expanded 7.8 percent last year, the least since 1999, according to government data.

The preliminary reading of a Purchasing Managers' Index last week showed manufacturing expanding at the fastest rate in two years. If confirmed by HSBC Holdings Plc and Markit Economics in their final report on Feb 1, the gauge would bolster prospects for economic growth accelerating from the 7.9 percent pace of the fourth quarter.

Expansion may quicken to 8.1 percent in the first quarter from a year earlier, according to the median estimate of 30 analysts in a Bloomberg survey carried out from Jan 18 to 23.

The Shanghai Composite Index, the nation's benchmark stocks gauge, has gained 17 percent since approaching a four-year low on Dec 3 on optimism the economic recovery will boost earnings. The index fell 1.1 percent last week amid concern the outlook doesn't justify equity valuations that have risen to the highest levels in eight months.

The full-year industrial profits were 5.56 trillion yuan in 2012, a year-on-year increase of 5.3 percent compared with a 25.4 percent gain in 2011, according to the National Bureau of Statistics.

Earnings in power generation and food processing industries should continue to expand this year while the telecommunications sector is returning to the path of profit growth, Standard Chartered economists Stephen Green, based in Hong Kong, and Shen Lan, based in Shanghai, wrote in a Jan 17 note.

Previous reports

Industrial profits show economy recovering

Industrial profit growth slows to 5.3% in 2012

China sets industrial output target

December boost for manufacturers

Find more in

Industrial profits increase for 4th month in a row

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美www| 超碰综合 | 亚洲五码av| 日韩欧美一卡二卡 | 日韩高清一二三区 | 浪漫樱花在线观看高清动漫 | 伊人中文字幕 | 色婷婷九月 | 国产精久久久久 | 91精品国产综合久久福利 | 国产网站免费看 | 欧美日韩免费做爰视频 | 国产一区二区三区免费看 | 91精品一区| 久久国产中文字幕 | 成年人免费网站视频 | 中文字幕在线观看视频免费 | 日日操天天操 | 久色成人网 | 日本黄色a级片 | 一级片在线免费 | 91插插插影库永久免费 | 成人免费在线视频观看 | 国产精品国产三级国产专区53 | 亚洲天堂精品在线观看 | 成人短视频在线观看 | 天堂a视频 | 欧美日韩视频在线播放 | 日韩一区中文字幕 | 男女免费视频网站 | 美女久久久久 | 午夜一级视频 | 久操久操久操 | 精品综合久久 | 日韩欧美日本 | 亚洲影视精品 | 亚洲一二三在线 | 三年中国国语在线播放 | 成人综合网站 | 国产成人精品网站 | 依人久久|