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National Bureau of Statistics: profits of petrochemical industry improved significantly in May

On June 28, the National Bureau of statistics released the statistics of industrial enterprises from January to May. Among them, in May, the total profits of Industrial Enterprises above Designated Size reached 582.34 billion yuan, a year-on-year increase of 6%. The profits of key industries such as petroleum processing and chemical industry improved significantly.  

According to the statistics of the National Bureau of statistics, from January to may, the total profits of Industrial Enterprises above Designated Size in China reached 184.34.9 billion yuan, a year-on-year decrease of 19.3% (calculated according to comparable caliber), and the decline rate was 8.1 percentage points narrower than that in January April.