In the January-February period of the current year, the aggregate gross profit of large and medium-sized industrial enterprises in China amounted to RMB 1.01568 trillion ($147.84 billion), up 31.5 percent year on year, as announced by China's National Bureau of Statistics (NBS).
In the January-February period of the current year, of the 41 industrial sectors in China, 36 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 7.04 billion ($1.02 billion) and RMB 36.02 billion ($5.24 billion), respectively rising by 80.5 percent and 2109.8 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 27.64 billion ($4.02 billion), RMB 99.01 billion ($14.41 billion) and RMB 9.65 billion ($1.4 billion), rising by 10.4 percent and 19.2 percent and declining by 10.9 percent, year on year, respectively.