China-Industrial Firms/Profits/Jan-May
China-Industrial Firms/Profits/Jan-May
Dateline : June 27, 2026/File
Location : China
Duration : 1'25
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Sign of National Bureau of Statistics
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
2. Aerial shots of city view
FILE: Heyuan City, Guangdong Province, south China - May 2026 (CCTV - No access Chinese mainland)
3. Various of workers operating equipment
4. Various of machines in operation, lithium-ion battery production line
FILE: Hebei Province, north China - Date Unknown (CCTV - No access Chinese mainland)
5. Various of chips, circuit boards being produced
FILE: China - Exact Location and Date Unknown (CGTN - No access Chinese mainland)
6. Various of automatic integrated circuit production
FILE: Chongqing Municipality, southwest China - July 2025 (CCTV - No access Chinese mainland)
7. Various of auto assembly line, robotic arms in operation
FILE: Zhangjiagang City, Jiangsu Province, east China - 2025 (CCTV - No access Chinese mainland)
8. Various of steelmaking in process
FILE: Yunnan Province, southwest China - Date Unknown (CCTV - No access Chinese mainland)
9. Melted non-ferrous metals
FILE: Xinjiang Uygur Autonomous Region, northwest China - Date Unknown (CCTV - No access Chinese mainland)
10. Aerial shot of coal transportation hub
11. Excavators loading coal onto trains
FILE: Guangzhou City, Guangdong Province, south China - Date Unknown (CCTV - No access Chinese mainland)
12. Bridge, river
13. Aerial shot of cityscape
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
14. Aerial shot of cityscape
Profits of China's major industrial firms increased 18.8 percent year on year during the January-May period, surpassing a rise of 18.2 percent in the first four months, data from the National Bureau of Statistics (NBS) showed Saturday.
Industrial firms with an annual main business revenue of at least 20 million yuan (about 2.93 million U.S. dollars) saw their combined profits reach 3.14 trillion yuan in the five-month period, according to the NBS.
In May alone, profits of major industrial firms rose 21.1 percent compared to a year earlier, the NBS data showed.
From January to May, state-holding enterprises saw a total profit of 1,048.66 billion yuan, a year-on-year increase of 19.6 percent; share-holding enterprises realized a total profit of 2,434.81 billion yuan, up 24.1 percent year on year; enterprises funded by foreign investors and investors from the Hong Kong Special Administrative Region, the Macao Special Administrative region and Taiwan region recorded a total profit of 695.72 billion yuan, representing a year-on-year increase of 4.2 percent; while private enterprises realized a total profit of 772.65 billion yuan, up 10.7 percent from the same period of the previous year, according to the data.
In the same period, the mining industry realized a total profit of 479.52 billion yuan, a year-on-year increase of 33.5 percent; the total profit of the manufacturing industry was 2,328.52 billion yuan, up 20.0 percent year on year; while the production and supply of electricity, thermal power, gas and water realized a total profit of 335.92 billion yuan, down 2.7 percent from the same period of the previous year, the NBS data showed.
From the perspective of industries, in the January-May period, the profit of non-ferrous metals smelting and pressing increased by 117.1 percent year on year, of computers, communication equipment and other electronic equipment manufacturing increased by 103.9 percent, of raw chemical materials and chemical products manufacturing increased by 71.6 percent, of coal mining and washing grew by 33.5 percent, of petroleum and natural gas extraction rose by 17.2 percent, of the textile industry increased by 11.7 percent.
Meanwhile, the profit of general purpose machinery manufacturing decreased by 0.2 percent year on year, of electricity and thermal power production and supply down 4.1 percent, of special purpose machinery manufacturing decreased by 5.5 percent, of agricultural food and sideline products processing down 13.3 percent, of electrical machinery and apparatus manufacturing decreased by 13.7 percent, of automobile manufacturing shrank by 19.8 percent, of ferrous metals smelting and pressing decreased by 37.4 percent, of non-metallic mineral products manufacturing down 48.9 percent, the data showed, adding that petroleum, coal and other fuel processing had turned from loss to profit.
During the first five months, major industrial firms achieved a business revenue of 56.55 trillion yuan, representing a year-on-year increase of 5.5 percent. The operating cost incurred stood 48.04 trillion yuan, up 4.7 percent, while the profit rate of business revenue came in at 5.56 percent, 0.63 percentage points higher than the same period of the previous year.
By the end of May, the assets of major industrial firms totaled 193.55 trillion yuan, up 5.8 percent year on year. Their total liabilities were 112.69 trillion yuan, a year-on-year increase of 6.5 percent. The owner's equity reached 80.87 trillion yuan, rising by 5.0 percent. These enterprises' asset liability ratio was 58.2 percent, 0.3 percentage point higher from the same period of last year.
ID : 8486613
Published : 2026-06-27 11:22
Last Modified : 2026-06-27 19:48:15
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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