In the January-October period of the current year, the aggregate gross profit of large and medium-sized industrial enterprises in China amounted to RMB 5.25677 trillion ($0.78 trillion), up 8.6 percent year on year, as announced by China's National Bureau of Statistics (NBS).
In the January-October period of the current year, of the 41 industrial sectors in China, 29 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 31.75 billion ($4.61 billion) and RMB 121.39 billion ($17.62 billion), respectively down 13.9 percent and rising by 310.2 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 162.87 billion ($23.63 billion), RMB 522.42 billion ($75.82 billion) and RMB 72.99 billion ($10.59 billion), up 6.9 percent,13.9 percent and 0.9 percent, year on year, respectively.