In the January-May period of the current year, the aggregate gross profit of large and medium-sized industrial enterprises in China amounted to RMB 2.38164 trillion ($0.36 trillion), up 6.4 percent year on year, as announced by China's National Bureau of Statistics (NBS) on June 27.
In the January-May period of the current year, of the 41 industrial sectors in China, 32 witnessed year-on-year increases in gross profit. In the given period, the ferrous metals mining and dressing sector and the ferrous metal smelting and rolling sector recorded respective gross profits of RMB 13.47 billion ($2.03 billion) and RMB 55.86 billion ($8.41 billion), down 10.0 percent and up 74.8 percent year on year, while the metal manufacturing sector, the automotive sector and the railway, shipping, aerospace and other transportation equipment manufacturing sector recorded respective gross profits of RMB 73.58 billion ($11.08 billion), RMB 256.95 billion ($38.70 billion) and RMB 33.70 billion ($5.08 billion), up 9.5 percent, 8.9 percent and 6.1 percent, year on year.