
according to the national bureau of statistics, from january to july, the total profits of industrial enterprises above designated size across the country were 3,943.98 billion yuan, a year-on-year decrease of 15.5%, which was 1.3 percentage points lower than that from january to june (calculated on a comparable basis). among the 41 major industrial sectors, the total profit of 13 industries increased year-on-year, and the total profits of 28 industries decreased. among them, the textile industry fell by 20.3%, and the rate of decline narrowed by 3.5 percentage points compared with january-june, and the narrowing rate was still relatively obvious.

