In the first quarter of this year, the actual profits from the industrial enterprises above designated size (referring to all the state-owned enterprises and the non state-owned ones with the annual sales revenue over 5 million yuan, it¡¯s the same with the following) reached 276.4 billion yuan, a year-on-year rise of 17.2%. The composite index of industrial economic benefit was 162.77, up by 7.76 points over the same period of last year.

    Among the industrial enterprises above designated size, the actual profits from the state-owned and state share-holding enterprises reached 144.3 billion yuan, a year-on-year rise of 18%; that from the collective-owned enterprises was 9.8 billion yuan, up 26%; that of share system enterprises was 143.7 billion yuan, up 24.6%; that of the foreign, Hongkong, Macao and Taiwan investment enterprises reached 74.4 billion yuan, down 4.1%; that of private enterprises was 27.6 billion yuan, up 30.1%.

    Among the 39 major industrial branches, the profits of the coal, petroleum, ferrous metals, non-ferrous metals and non-metal mining rose 111.4%, 62.7%, 30.2%, 172.2% and 71% respectively; that of steel industries went up 18.4%; that of transport equipment manufacturing declined 52.1%; that of construction materials dropped 43.1%; that of chemical industry fell 41.1%; that of electricity industry went down 30.5%; that of petroleum processing went down 28%. The top five industries ranked by the new-increased profits were petroleum extraction, coal, steel, chemical industry and tobacco products, the profits of which accounted for 100.6% of all the increased profits.

    The losses from the industrial enterprises above designated size reached 56.5 billion yuan, a year-on-year rise of 36.4%. And the losses from the state-owned and state share-holding enterprises was 25.8 billion yuan, up 40.4%.

    The accumulated taxes from the industrial enterprises above designated size was 238.3 billion yuan, a year-on-year rise of 16.5%. Especially, that of the state-owned and state share-holding enterprises was 151.2 billion yuan, up 13.9%.

    The sales revenue of products of the industrial enterprises above designated size reached 4897.7 billion yuan, a year-on-year rise of 25.8%. Especially, that of the state-owned and state share holding enterprises was 1854.66 billion yuan, up 20.2%.

    At the end of this March, the funds for the finished goods reached 1056.3 billion yuan, a year-on-year rise of 20.3%. Especially, the funds for the finished goods from the state-owned and state share-holding enterprises was 345.6 billion yuan, up 13.6%. The net receivables from the industrial enterprises above designated size was 2203.5 billion yuan, a year-on-year rise of 15.3%, of which, that from the state-owned and state share-holding enterprises was 689.4 billion yuan, up 3%.