Chemical profits increased by 51.5% from January to November last year

Chemical profits increased by 51.5% from January to November last year

According to the latest statistics released by the National Bureau of Statistics on January 24, the profits of the chemical industry increased by 51.5% over the previous year from January to November 2007. It is expected that the sales of petroleum and its products and cosmetics will increase by more than 20% each year.
According to briefings, in 2007 China's national economy maintained a steady and rapid development, showing a good running trend of rapid growth, structural optimization, improved efficiency, and improved people's livelihood. According to preliminary calculations, the country’s gross domestic product (GDP) reached 2,466.9 billion yuan, an increase of 11.4% over the previous year and an acceleration of 0.3%. At this point, China's GDP has achieved double-digit growth for five consecutive years.
According to another report, in 2007 China's 39 industrial sectors all achieved profitability. The added value of industries above designated size increased by 18.5% over the previous year, with state-owned and state-controlled enterprises growing by 13.8%, collective enterprises by 11.5%, joint-stock enterprises by 20.6%, and industrial and industrial enterprises above designated size reaching 98.1%; January-November. The profits of industrial enterprises above designated size in China reached 2.2951 billion yuan, an increase of 36.7% over the same period of last year.
At the press conference, Xie Fuzhan, director of the National Bureau of Statistics, said that there are still some problems in China's economic operation. The main reason is that the risk of rapid economic growth shifting from overheating to overheating still exists. The pressure of price increases has increased and the structural contradictions are still relatively Prominent, extensive economic development methods, inadequate institutional mechanisms, etc.

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