Structural Adjustment Leads To Higher Profit Of Light Industry

Reporters learned from the national development and Reform Commission, from 1 to November last year, the production of major industrial sectors in China continued to grow rapidly, and the increase in efficiency was maintained at a level of more than two digits.

Among them, the profits of building materials and machinery industry increased by more than 50%, and the light industry achieved a profit of 322 billion yuan, an increase of 38%.

In November 2007, the added value of light industry increased by 17.5% over the same period last year. The growth rate slowed down by 0.8 percentage points over the previous month, up 4.4 percentage points from the same period last year, and the value of export delivery increased by 18.3%, an increase of 1.7 percentage points from last month, an acceleration of 2.9 percentage points over the same period last year.

In the main products, the output of dairy products and soft drinks increased by 27.8% and 25.3% respectively. The growth of machine made paper and paperboard increased by 14.1%%, of which newsprint decreased by 3.1%, and furniture increased by 12.7%.

Scientific and technological innovation has been strengthened and the pace of structural adjustment has been quickened.

Depending on the progress of science and technology, accelerating the development of new products has an increasingly important role in promoting the development of industries and the adjustment of product mix. New products, such as green food, energy saving appliances, environmental protection household products, are constantly being introduced by consumers.

In November 2007, the output of electric hot and cold water dispensers, freezers, electric cookers and electric fans increased by 120%, 79.7%, 56.3% and 40.1% respectively, and electric water heaters and refrigerators increased by 17.8% and 10.5% respectively.

In addition, in the first 11 months of last year, domestic audio-visual products manufacturing industry made a profit of 8 billion yuan, an increase of 32%.

Driven by the constant implementation of policies such as expanding consumption, domestic demand is driving strongly and production and sales growth of light industry is stable.

Compared with 2006, the efficiency of light industry has improved significantly in 2007.

In the whole year of 2006, the above scale enterprises in light industry reached a total sales income of 55744 billion yuan, an increase of 22.9% over the same period last year, and realized a profit of 265 billion 100 million yuan, an increase of 28.7%.

From 1 to November 2007, the added value of light industry increased by 18.4%%, an increase of 1.2 percentage points compared to the same period last year, and the delivery value of export was 14295 billion yuan, an increase of 18.9% and an increase of 0.6 percentage points.

Among them, the agricultural and sideline food processing industry made a profit of 66 billion 800 million yuan, an increase of 49.5%; the profit of beverage manufacturing industry was 38 billion 500 million yuan, an increase of 41%; the profit of the food manufacturing industry was 31 billion 400 million yuan, an increase of 33.2%; the profit of paper making industry was 31 billion 400 million yuan, an increase of 38.6%; the leather fur manufacturing industry profits 20 billion 300 million yuan, an increase of 33.5%.

Reporters learned that, faced with the new situation of increased foreign trade barriers, adjustment of export policies and changes in the RMB exchange rate, light industry sectors strive to develop new products, reduce production costs, increase utilization of overseas resources, and actively carry out consultations on foreign trade, and so on.

The foreign trade structure of light industry is further adjusted, the unit price of export products is increased, the added value is increased, the import expands, and the proportion of overseas resources is increased.