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2012-05-29Data

China’s industrial profits data now available

Macrobond has expanded its content by adding data on profits of major industrial companies in China. The data comes from a survey conducted on a monthly basis by the National Bureau of Statistics of China (NBS). Major Industrial companies refer to all industrial enterprises with annual revenues above 20 million yuan. The main figure presenting […]

Macrobond has expanded its content by adding data on profits of major industrial companies in China. The data comes from a survey conducted on a monthly basis by the National Bureau of Statistics of China (NBS). Major Industrial companies refer to all industrial enterprises with annual revenues above 20 million yuan.

The main figure presenting profits is an important indicator of the quality of industrial economic operations, which can be instrumental in tracking economic growth. Additionally, individual time series are covering profits by different types of business ownership and 41 industrial sectors.

All of them are located under Economics – by country -> China -> Business Statistics together with revenues from principal business operations, other ratios and related indicators.

The bureau doesn’t use release figures for January because of a weeklong Chinese New Year holiday that disrupt production, especially given that the date floats from one year to another, frequently crossing over a part of both months.