In the January-August period of the current year, the aggregate gross profit of large and medium-sized industrial enterprises in China amounted to RMB 4.05836 trillion ($0.61 trillion), up 8.4 percent year on year, as announced by China's National Bureau of Statistics (NBS) on September 27.
In the January-August period of the current 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 22.35 billion ($3.35 billion) and RMB 101.48 billion ($15.21 billion), respectively down 18.0 percent and rising by 209.6 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 126.29 billion ($18.93 billion), RMB 401.32 billion ($60.17 billion) and RMB 55.56 billion ($8.33 billion), up 9.6 percent,11.0 percent and 1.9 percent, year on year, respectively.