Profit Of Textile Industry Above Designated Size Will Increase By 7.5% In The First November Of 2020

According to the National Bureau of statistics, from January to November 2020, the total profits of Industrial Enterprises above Designated Size nationwide reached 5744.5 billion yuan, an increase of 2.4% year-on-year, 1.7 percentage points higher than that from January to October.

From January to November 2020, the total profit of the manufacturing industry reached 4899.52 billion yuan, an increase of 6.1%. Among the 41 major industrial sectors, the total profits of 25 industries increased year on year, 15 industries decreased and 1 industry remained unchanged. Among them, the textile industry increased by 7.5%.

From January to November 2020, among the industrial enterprises above Designated Size, state-owned holding enterprises achieved a total profit of 1445.69 billion yuan, a year-on-year decrease of 4.9%; joint-stock enterprises realized a total profit of 4058.01 billion yuan, an increase of 2.3%; foreign-funded and Hong Kong, Macao and Taiwan invested enterprises achieved a total profit of 1610.52 billion yuan, an increase of 4.3%; and that of private enterprises was 1733.22 billion yuan, an increase of 1.8%.