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China s industrial profits rise 106 pct January through April

1 minute read Shanghai, China, May 27 (EFE).- The profits of China’s main industrial companies increased 106.1 percent year-on-year in the first four months of the year, according to official data published by the National Bureau of Statistics (NBS) on Thursday. The agency points again to the base effect – China was hit worst by the pandemic during the first months of 2020 – and offers an alternative data, that the average growth rate over the past two years sits at 22.3 percent. In April alone, Chinese industrial companies earned 57 percent more year-on-year, although this is a lower growth rate by 35.3 percentage points than in March.

NBS annual average price of selected agric products on constant rise

NBS annual average price of selected agric products on constant rise NBS annual average price of selected agric products on constant rise • As three states record highest fare intercity bus journey Share In line with inflationary trends in Nigeria, selected food prices in April 2021 have shown that the average prices of Agricultural products have been on a constant rise in the last one year. On a month-on-month basis, the food sub-index of Nigeria’s Consumer Price Index increased by 0.99 per cent in April 2021, down by 0.91 per cent points from 1.9 per cent recorded in March 2021. This is even as three states in Nigeria have been adjudged costliest in terms of intercity bus journey, data from the National Bureau of Statistics (NBS) has shown.

soaring-integra927 com | Nanomaterials, Chemical Products, Bearings Industry, Self-assembling materials, Nano-diamond Powder articles and news

News 17Days Ago (05-10) Soaring costs, what should paper companies do Since the beginning of this year, the prices of domestic paper-making raw materials have risen sharply. At the same time, the cost of chemical materials supporting papermaking has risen significantly, with a . News 37Days Ago (04-20) Since mid-March, steel spot prices have repeatedly hit new highs. Compared with early April, the market prices of 50 important means of production and 27 products in the national circulation field have increased. After the year, the price of steel has in. News 41Days Ago (04-16) According to data released by the National Bureau of Statistics, in early April 2021 compared with late March, the market prices of 50 important means of production and 27 products in the national circulation field have risen. Among them, the price of st.

Factories expect higher profits as domestic demand rebounds

SOURCE / ECONOMY By Yin Yeping Published: May 27, 2021 09:03 PM Workers at a steel processing enterprise lift processed steel coils at the Jingjiang Industrial Park in Taizhou, East China s Jiangsu Province on Wednesday. Due to strong demand at home and abroad, the production site is busy, and the company is sprinting to achieve its February operations target. Photo: cnsphoto Chinese companies that manufacture components and mechanical goods are bearing the brunt of high bulk commodity prices, which are being pushed up by market speculation and US extremely loose monetary policy.  But experts said that a stronger yuan and a rebound in domestic demand will offset some of the pressure by boosting imports and purchasing power, as domestic demand plays a rising role in economic growth.

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