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According to the National Bureau of Statistics, from January to November 2020, the total profits of industrial enterprises above designated size across the country achieved 574.450 billion yuan, a year-on-year increase of 2.4%, and the growth rate increased by 1.7% from January to October.
From January to November 2020, the manufacturing industry realized a total profit of 4899.52 billion yuan, an increase of 6.1%. Among 41 major industrial sectors, total profits of 25 industries increased year-on-year, 15 industries decreased, and 1 industry remained flat. Among them, the textile industry grew by 7.5%.
From January to November 2020, among the industrial enterprises above designated size, state-owned holding companies achieved total profits of 1,445.69 billion yuan, a year-on-year decrease of 4.9%; joint-stock enterprises achieved total profits of 4,058.01 billion yuan, an increase of 2.3%; foreign, Hong Kong, Macao and Taiwan-invested enterprises achieved The total profit was 1,610.52 billion yuan, an increase of 4.3%; the total profit of private enterprises was 1,733.22 billion yuan, an increase of 1.8%.
