1至6月全国规模以上工业企业营收保持增长

Core Insights - In the first half of the year, the total profit of industrial enterprises above designated size reached 34,365 billion yuan, a year-on-year decrease of 1.8%, while operating revenue was 66.78 trillion yuan, an increase of 2.5% [1] - In June, the profit of industrial enterprises was 7,155.8 billion yuan, a year-on-year decline of 4.3%, but the decline narrowed by 4.8 percentage points compared to May, with significant improvement in the manufacturing sector where profits shifted from a 4.1% decline in May to a 1.4% increase [1] - The revenue of industrial enterprises continued to grow, with June showing a 1.0% year-on-year increase, maintaining the same growth rate as May [1] Industry Performance - The equipment manufacturing sector showed rapid growth in both revenue and profit, with June revenue increasing by 7.0% year-on-year and profits turning from a 2.9% decline in May to a 9.6% increase [2] - In the automotive industry, profits surged by 96.8% due to promotional activities boosting sales and increased investment returns from key enterprises [2] - High-end, intelligent, and green industries within manufacturing saw significant profit growth, with electronic special materials manufacturing, aircraft manufacturing, and marine engineering equipment manufacturing profits increasing by 68.1%, 19.0%, and 17.8% respectively [2] Consumer Goods and Related Sectors - The medical instruments and equipment manufacturing, as well as the production of printing, pharmaceutical, and daily-use equipment, experienced rapid profit growth in June [3] - The policy of replacing old consumer goods with new ones continued to show effects, with profits in smart unmanned aerial vehicle manufacturing, computer assembly manufacturing, and household air conditioning manufacturing increasing by 160.0%, 97.2%, and 21.0% respectively [3] - The accounts receivable for industrial enterprises reached 26.69 trillion yuan by the end of June, indicating a recovery trend, although the year-on-year growth rate has been declining for four consecutive months since March [3] Future Outlook - Looking ahead to the third quarter, it is expected that the overall efficiency of industrial enterprises will improve due to the progress in China-US trade negotiations and the implementation of domestic "anti-involution" policies, alongside a rapid rebound in prices of coking coal and steel [4]