{"id":35201,"date":"2022-04-03T09:03:01","date_gmt":"2022-04-03T09:03:01","guid":{"rendered":"https:\/\/www.kaysuns.com\/china-industrial-profits-fall-for-sixth-straight-month\/"},"modified":"2024-03-29T06:23:27","modified_gmt":"2024-03-29T06:23:27","slug":"los-beneficios-de-la-industria-china-caen-por-sexto-mes-consecutivo","status":"publish","type":"blog","link":"https:\/\/www.kaysuns.com\/es\/blog\/china-industrial-profits-fall-for-sixth-straight-month\/","title":{"rendered":"Beneficios industriales de China caen por sexto mes consecutivo"},"content":{"rendered":"<div class=\"testimonial_bq\">\n<div class=\"\">\n<p><a href=\"https:\/\/www.kaysuns.com\/wp-content\/uploads\/2015\/12\/20151230144804.jpg\" target=\"_blank\"><img fetchpriority=\"high\" decoding=\"async\" alt=\"20151230144804\" width=\"628\" height=\"416\" srcset=\"https:\/\/www.kaysuns.com\/wp-content\/uploads\/2015\/12\/20151230144804.jpg 628w, https:\/\/www.kaysuns.com\/wp-content\/uploads\/2015\/12\/20151230144804-300x199.jpg 300w\" src=\"https:\/\/www.kaysuns.com\/wp-content\/uploads\/2015\/12\/20151230144804.jpg\" data-sizes=\"(max-width: 628px) 100vw, 628px\" class=\"aligncenter wp-image-2666 size-full lazyload\"\/><noscript><img decoding=\"async\" class=\"aligncenter wp-image-2666 size-full\" src=\"https:\/\/www.kaysuns.com\/wp-content\/uploads\/2015\/12\/20151230144804.jpg\" alt=\"20151230144804\" width=\"628\" height=\"416\" srcset=\"https:\/\/www.kaysuns.com\/wp-content\/uploads\/2015\/12\/20151230144804.jpg 628w, https:\/\/www.kaysuns.com\/wp-content\/uploads\/2015\/12\/20151230144804-300x199.jpg 300w\" sizes=\"(max-width: 628px) 100vw, 628px\"\/><\/noscript><\/a><\/p>\n<p>Profits earned by Chinese industrial companies in November fell 1.4 percent from a year earlier, marking a sixth consecutive month of decline, statistics bureau data showed on Sunday.<\/p>\n<p>Industrial profits &#8211; which cover large enterprises with annual revenue of more than 20 million yuan ($3.1 million) from their main operations &#8211; fell 1.9 percent in the first 11 months of the year compared with the same period a year earlier, the National Bureau of Statistics (NBS) said on its website.<\/p>\n<p>The November profits of industrial firms have seen some improvement from the previous month. In October, profits fell 4.6 percent from a year earlier.<\/p>\n<p>&#8220;The November industrial profit data matched earlier output data and they showed some signs of stabilizing, which are in line with recent data from other Asian countries,&#8221; said Zhou Hao, China economist at Commerzbank in Singapore, adding the figures were slightly better than market expectations.<\/p>\n<p>The NBS said investment returns for industrial companies in November increased from a year earlier by 9.25 billion yuan ($1.43 billion).<\/p>\n<p>The jump in November profits from the auto manufacturing and electricity sectors, up 35 percent and 51 percent from a year earlier, respectively, helped narrow overall declines, the statistics bureau said.<\/p>\n<p>&#8220;Declines in industrial profits narrowed in November, but uncertainties still exist,&#8221; said He Ping, an official of the Industry Department at NBS. He added that inventory of finished goods grew at a faster pace last month.<\/p>\n<p>Profits of state-owned enterprises (SOEs) among major industrial firms saw a 23 percent slump in the first 11 months this year from the same period in 2014. Mining remained the laggard sector, with profits falling 56.5 percent in the same period.<\/p>\n<p>Aluminum producer China Hongqiao Group (<span id=\"symbol_1378.HK_0\">1378.HK<\/span>) said in early December it would cut annual capacity by 250,000 tonnes immediately to curb supplies.<\/p>\n<p>Eight Chinese nickel producers including state-owned Jinchuan Group Co Ltd [JCGRP.UL], said they would cut production by 15,000 tonnes of metal in December and reduce output next year by at least 20 percent from this year, in a bid to lift prices from their worst slump in over a decade.<\/p>\n<p>China&#8217;s producer prices have been in negative territory for nearly four years due to weak domestic demand and overcapacity.<\/p>\n<p>The country&#8217;s top leader last week outlined main economic targets for next year after they held the annual Central Economic Work Conference, where it said the government will push forward &#8220;supply-side reform&#8221; to help generate new growth engines in the world&#8217;s second-largest economy while tackling factory overcapacity and property inventories.<\/p>\n<p><a href=\"https:\/\/www.kaysuns.com\" target=\"_blank\">www.kaysuns.com<\/a><\/p>\n<div class=\"clear\"><\/div>\n<p>\t\t\t<small><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/small>\n\t\t<\/div>\n<\/p><\/div>\n","protected":false},"featured_media":45419,"template":"","categories":[85],"tags":[],"class_list":["post-35201","blog","type-blog","status-publish","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China industrial profits fall for sixth straight month - Stainless Steel Pipe and Fittings | KAYSUNS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kaysuns.com\/es\/blog\/los-beneficios-de-la-industria-china-caen-por-sexto-mes-consecutivo\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China industrial profits fall for sixth straight month - Stainless Steel Pipe and Fittings | KAYSUNS\" \/>\n<meta property=\"og:description\" content=\"Profits earned by Chinese industrial companies in November fell 1.4 percent from a year earlier, marking a sixth consecutive month of decline, statistics bureau data showed on Sunday. 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