Manufacturing industry in July  

In August 27th, the data released by the National Bureau of statistics showed that from 1 to July, the total profit of Industrial Enterprises above Designated Size reached 3 trillion and 523 billion 590 million, up 6.9% from the same period last year, and the growth rate increased by 0.7 percentage points from 1 to June. In July, the total profit of industrial enterprises increased by 11% over the same period last year, and the growth rate was 5.9 percentage points faster than that in June. This is the second highest monthly point this year.

Overall, the efficiency of industrial enterprises continued to show positive changes in July. The unit cost decreased year by year, the deficit of deficit companies decreased significantly, inventory pressure continued to ease, and asset liability ratio continued to decrease.

Manufacturing shows good performance. In the first half of July, the total profit of manufacturing industry was 3 trillion and 182 billion 840 million yuan, an increase of 12.8%. The total profit of mining industry was 37 billion 210 million yuan, down 77% compared to the same period last year. The total profit of electricity, heat, gas and water production and supply industry was 303 billion 540 million yuan, down 3%. In the 41 industrial industries, the total profits of 30 industries increased over the same period, 1 were flat, and 10 were reduced.