In the January-April period of the current year, the aggregate gross profit of large and medium-sized industrial enterprises in China amounted to RMB 1.84422 trillion ($0.28 trillion), up 6.5 percent year on year, as announced by China's National Bureau of Statistics (NBS) on May 27.
In the January-April period this year, of the 41 industrial sectors in China, 33 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 10.17 billion ($1.55 billion) and RMB 36.16 billion ($ 5.50 billion), down 9.4 percent and up 41.9 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 56.02 billion ($8.51 billion), RMB 198.49 billion ($30.17 billion) and RMB 25.54 billion ($3.88 billion), up 6.8 percent, 7.4 percent and 3.0 percent, respectively, year on year.