National Bureau of Statistics: The profit of equipment manufacturing industry significantly recovered in April

On May 27th, the National Bureau of Statistics released data that in April, due to factors such as the good development of the new energy industry and the low base during the same period, the profit of the equipment manufacturing industry increased significantly by 29.8% year-on-year, achieving a transition from decline to increase, driving a 6

On May 27th, the National Bureau of Statistics released data that in April, due to factors such as the good development of the new energy industry and the low base during the same period, the profit of the equipment manufacturing industry increased significantly by 29.8% year-on-year, achieving a transition from decline to increase, driving a 6.4 percentage point increase in industrial profits above designated size, making it the industry sector with the largest pulling force. The proportion of profits in the equipment manufacturing industry to industries above designated size is 34.3%, an increase of 1.5 percentage points compared to March, driving the improvement of the industrial profit industry structure. The profits of the equipment manufacturing industry have generally rebounded, with the automotive industry experiencing a significant 20.4-fold increase in profits due to a lower base during the same period, which has significantly accelerated compared to March; The electrical and mechanical industry is driven by products such as photovoltaic equipment, with a profit growth of 37.5% and a growth rate acceleration of 26.2 percentage points; The general equipment industry was driven by the recovery of the industrial chain, with a profit growth of 63.7% and a significant acceleration in growth rate.


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