The Upstream Product Prices Are Rising By &Nbsp, And It Is Difficult For Enterprises To Continue To Make Profits.
Zhu Hong, chief engineer of the Ministry of industry and information technology, said in 22 days in Beijing that the prices of upstream products and key elements increased rapidly in the first quarter of this year, which caused the cost pressure and organizational production difficulties of Chinese enterprises.
Zhu Hongren introduced some high dependence on foreign trade.
Raw material
The rise was particularly large, such as crude oil, iron ore, non forging copper and copper, alumina, natural rubber import prices increased by 79.7%, 20.7%, 91.9%, 31.8% and 88.3%, respectively.
He predicted that the prices of primary products in the later stage of international market will also rise in general.
Overall, the purchasing prices of raw materials, fuels and power in China's industrial enterprises rose by 9.9% over the same period last year, of which fuel and power prices rose by 23.5%, and factory prices rose by only 5.2% over the same period last year.
In addition, "
Shortage of migrant workers
"Employment in China"
cost
Rise.
Zhu Hongren said that labor costs in the coastal areas such as the Yangtze River Delta and the Pearl River Delta generally increased by 20% to 25%. Structural labor shortages led to recruitment difficulties in some sectors such as light industry, textiles and electronics.
Up to now, the economic efficiency of Chinese industrial enterprises has improved.
According to the Ministry of industry and information technology, industrial enterprises above Designated Size achieved industrial profits of 486 billion 700 million yuan in the first two months, 1.2 times the growth rate in 2009, and the growth of non-ferrous metals, metallurgy, petrochemical and electronics industries was outstanding.
Zhu Hongren said that the rebound in profits of industrial enterprises has both the factors of economic recovery and the lower base factor in 2009. The profits of Industrial Enterprises above Designated Size will only increase by 17% compared with the same period in 2008, and more efforts should be made to maintain sustained growth.
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