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Profits of large-scale industrial enterprises

  • Multi-Asset
  • Terminology

The profits of industrial enterprises above a designated size refer to the total profits realized over a certain period by relatively large-scale enterprises in the industrial sector, as recorded by China's National Bureau of Statistics.

Definition:

Profits of industrial enterprises above designated size refer to the total profits realized within a certain period by larger-scale enterprises in China's industrial sector as compiled by the National Bureau of Statistics of China. These enterprises typically have larger output values and higher profitability levels, exerting significant influence on the operation of the entire industrial sector and economic growth.

Scope of Statistics:

According to the regulations of the National Bureau of Statistics of China, industrial enterprises above a designated size refer to industrial enterprises with a certain scale and financial strength, employing a certain number of workers. Specifically, this usually includes enterprises with annual main business revenue reaching a certain scale, as well as enterprises of various ownership forms such as state-controlled enterprises, joint-stock enterprises, foreign-invested enterprises, and private enterprises.

Importance:

The profits of industrial enterprises above designated size are among the important indicators in economic analysis, reflecting the profitability and operating conditions of significant enterprises within the industrial sector. This data can be used to evaluate the overall development trends of the industrial sector, the pace of economic growth, and the situation of industrial structure adjustments, providing a valuable reference for formulating economic policies and guiding investment directions.

Data Release:

The National Bureau of Statistics of China publishes the profits data of industrial enterprises above designated size monthly, typically at the end of the month or at the beginning of the following month. These data often become a focal point of attention for the financial markets and investors, playing a crucial role in assessing the macroeconomic situation and industry trends.

Influencing Factors:

The profits of industrial enterprises above designated size are influenced by a variety of factors, including but not limited to the pace of economic growth, industrial policies, market demand, raw material prices, labor costs, and technological innovation. The impact and manifestation of these factors may vary among different industries and enterprises.

Conclusion:

The profits of industrial enterprises above designated size is one of the important indicators in China's economic statistics, reflecting the profitability and operational conditions of significant enterprises in the industrial sector. By monitoring and analyzing this data, a better understanding of the dynamics of China's economic development can be achieved, providing essential insights for decision-makers and investors.

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