Industrial profits increase by 4.1% in 2020, equipment manufacturing industry is obviously driven

On January 28, the industrial production data released by the National Bureau of Statistics showed that in 2020, the national industrial enterprises above designated size achieved a total profit of 645.

On January 28, the industrial production data released by the National Bureau of Statistics showed that in 2020, the national industrial enterprises above designated size achieved a total profit of 645.

Zhu Hong, a senior statistician at the Department of Industry of the National Bureau of Statistics, said that by quarter, the profits of industrial enterprises above designated size in 2020 will show a trend of "turning from negative to positive and accelerating quarter by quarter".

Among them, the manufacturing industry has an obvious pulling effect, and the profit growth area exceeds 60%.

Among the manufacturing industries, the equipment manufacturing industry took the lead in recovering profits and growing steadily, which played a leading role.

Specific to the automobile manufacturing industry, the operating income in 2020 will be 815.

Zhu Hong pointed out that in 2020, the production and operation of industrial enterprises will continue to recover steadily, and corporate profits will achieve rapid stabilization and continuous improvement.
At the same time, it must be noted that industrial enterprises are still facing problems such as rapid growth of accounts receivable, increased inventory, and greater pressure on cash flow.
In 2021, it is necessary to accelerate the construction of a new development pattern, focus on smoothing the economic cycle, maintain the continuity, stability and sustainability of macroeconomic policies, grasp the timeliness and effectiveness of policies, continue to consolidate the stable recovery of the industrial economy, and realize the "14th Five-Year Plan" The development is off to a good start.