In the January-April period this year, of the 41 industrial sectors in China, 13 witnessed year-on-year increases in gross profit, 27 saw decreases in gross profit, while one recorded an unchanged gross profit, year on year, as announced by China's National Bureau of Statistics (NBS) on May 27. In the given period, the ferrous metal smelting and rolling sector recorded a gross profit of RMB 390 million ($55 million), down 99.4 percent year on year.
The automotive sector recorded a gross profit of RMB 112.28 billion ($15.9 billion) in the first four months this year, up 2.5 percent year on year.
At the same time, the ferrous metals mining and dressing sector, the metal manufacturing sector and the railway, shipping, aerospace and other transportation equipment manufacturing sector recorded gross profits of RMB 14.08 billion ($1.99 billion), RMB 39.65 billion ($5.62 billion) and RMB 17.94 billion ($2.54 billion) in the January-April period, down 42.8 percent, down 16.1 percent and up 47.2 percent year on year, respectively.
In the given period, the aggregate gross profit of large and medium-sized industrial enterprises in China amounted to RMB 2.03288 trillion ($0.29 trillion), down 20.6 percent year on year.