Xinhua News Agency, Beijing, June 27 (Reporter Wei Yukun) Driven by the gradual recovery of production logistics and the smooth flow of industrial and supply chains, the sales situation of industrial enterprises has improved. The National Bureau of Statistics released data on the

It is worth noting that the profit decline of industrial enterprises in the Yangtze River Delta and Northeast China has narrowed significantly. In May, as companies continued to resume work and production, although the profits of industrial companies in the Yangtze River Delta and Northeast regions fell year-on-year, the decline was significantly narrower than the previous month. Among them, the profit declines in Shanghai, Jiangsu, Jilin, and Liaoning all narrowed by more than 20 percentage points compared with the previous month.

"With the orderly resumption of work and production of enterprises in key equipment manufacturing areas, logistics congestion points have been effectively smoothed, and the efficiency of the equipment manufacturing industry has improved significantly." Zhu Hong, senior statistician of the Industrial Department of the National Bureau of Statistics, said that in May, equipment manufacturing Industry profits fell by 9% year-on-year, and the decline narrowed significantly by 23.2 percentage points from the previous month.

In addition, the profits of the basic consumer goods industry continue to recover. As market demand gradually recovers, and the effects of policies to expand domestic demand and promote consumption continue to be released, the profits of the basic consumer goods industry continue to recover. In May, among the 13 consumer goods industries, 8 industries improved their profits, accounting for 61.5%.

"Overall, although there have been some positive changes in the performance of industrial enterprises, it should also be noted that the profits of industrial enterprises continued to decline year-on-year in May, the pressure on corporate costs to rise is still great, production and operations still face many difficulties, and the efficiency of industrial enterprises has recovered. The foundation is not yet solid. The current international situation is becoming more complex and severe, and there are still many uncertainties in the recovery of industrial enterprises' profits." Zhu Hong said that in the next stage, we must resolutely implement the decisions and arrangements of the Party Central Committee and the State Council and efficiently coordinate the epidemic. prevention and control and economic and social development, and implement a package of policies and measures to stabilize the industrial economy, help enterprises to alleviate difficulties, and promote the sustained and stable recovery of the industrial economy.

Source: Xinhuanet