OREANDA-NEWS. August 14, 2012. Chongqing Statistic Bureau issued data that Chongqing industrial production was gradually getting steady in the first half of this year; the industrial economic benefit index was 253.8, 18 percent higher than the same period of last year, and the index was running at high levels; industrial main business revenue remained stable growth of two digits and profits are declining less and less. It indicates that at present, the economic benefit situation of Chongqing industrial enterprise is still relatively stable.

It is reported that from January to June, Chongqing industrial economic benefit index is not only 18 percent higher compared with the same period of last year, but also 12.6 percent higher compared with the first quarter. As a constitutional indicator of industrial economic benefit index, Chongqing labour productivity per capita is RMB 262,600, up 13.6% year-on-year. The substantial growth also supports high-level running of economic benefit index.

In the first half of last year, main business revenue of industrial enterprises of city scale and above is RMB 581,101 million, up 17.0% year-on-year, in which, computers, communications and other electronic equipment manufacturing industries have stimulated main business revenue to increase by 7.6 percent. Compared with last year, Chongqing industrial restructuring begins to take effect and the proportion of notebook industry in Chongqing main business revenue increased from 5.1% to 10.9%. The rapid increase of notebook industry stimulates main business revenue to remain stable increase of two digits.

From the overall situation of the first half year, total industrial profit of Chongqing is declining less and less month by month and is getting better-by the end of June, total profit of Chongqing industrial enterprises of city scale and above is RMB 19,148 million, decreasing by 16.9% year-on-year, decreasing by 19.7 percent compared with February and decreasing by 8 percent compared with the first quarter.

In addition, at the beginning of this year, industrial inventory of city scale and above increased by 27.2%, later, enterprise inventory is declining month by month. By the end of June, inventory only increases by 11.1% year-on-year and the growth declines 17.1 percent. The growth of industrial finished products also declines from 17.8% in the first quarter to 8.4% in this quarter. Thus, enterprise destocking has displayed remarkable effect.