Signs of stabilization of economic activities show that Chinas profit in August

(Beijing Comprehensive News) The profit of industrial enterprises above designated size in August in August increased from a decrease to a decrease of 17.2%year -on -year. This is the first time that the profit of industrial enterprises has achieved positive growth for the first time since the second half of last year, showing that China's economic activities have stabilized stability.sign.

China National Bureau of Statistics released data on Wednesday (September 27). From January to August, the total profit of industrial enterprises above designated size of the country reached 4655.8 billion yuan (RMB, the same below, about 880 billion yuan), A year -on -year decrease of 11.7%, a decrease of 3.8 percentage points from January to July.

Data also show that in August, the company's operating income increased for the first time after three consecutive months of decline, and changed from 1.4%year -on -year to an increase of 0.8%from July.

Yu Weining analyzed by the Statistics Department of the Bureau of Statistics that, as a series of policy effects that promoted the recovery of macroeconomics to the improvement continued to appear, the industrial production in August has steadily rebounded, and the return of corporate profits has accelerated significantly.

Yu Weining said that the decline in the price of industrial products has narrowed significantly for two consecutive months. After three consecutive months of corporate revenue declined, the first growth of the company's revenue has increased for the first time, which has driven the profit of industrial enterprises to increase from a decrease to increase, and the benefit recovery is obvious.

China's economic growth has slowed significantly since the second quarter. The sharp growth of industrial enterprises' profits in August shows that after the Chinese government has adopted a variety of measures in recent months to boost the real estate market and stimulate consumption, the domestic demand has improved signal.There are signs of economic stability.

Xing Zhaopeng, a senior Chinese strategyist of Australia and New Bank, analyzed Bloomberg News that the industrial profit data in August showed that the output price of the month has improved, and the rise in commodity prices increases the profits of the upstream industry. If the consumption improves, it can be expectedProfit will continue to grow.

Securities Times quoted Gao Ruidong, chief macroeconomicist of Everbright Securities, said that the main reason for the sharp turn of industrial enterprises in August is that the profit margin has improved significantly year -on -year.Essence

Despite signs of stability, China's economic recovery is still in the early stages. In the future, the real estate market recovery will also have greater uncertainty. To achieve steady economic growth, more follow -up policies will be cooperated to further expand consumer demand.

Haitong Securities Research Report believes that judging the inflection point of inventory depends on the changes in economic demand. In the short term, active policies still need to continue to work on demand.

The National Bureau of Statistics of China also said that the profit of industrial enterprises has accelerated significantly, but the cumulative profit decline is still large.In the next stage, we must promote the implementation of various policies and measures, and to continuously promote the effective improvement of the industrial economy and the reasonable growth of the amount.