The NBS said the comprehensive industrial economic efficiency indicators1 reached 165.29, an increase of 7.6 points over the sameperiod in 2005.
Among the industrial enterprises, which include all state-ownedfirms and the non-state-owned enterprises with an annual sales income of more than 5 million yuan , thestate-owned and state-held ones achieved 99.3 billion yuan in profits, a rise of 13.5 percent.
The profits of the collectively-owned enterprises grew 31.8 percent to 5.5 billion yuan , while that of the privately-owned ones increased 44.6 percent to 25.4 billion yuan .
The share-holding enterprises under state control and the overseas-funded firms scored 110.7 billion yuan and 57.6 billion yuan in profits, up 24.7 percent and 24.3 percent respectively.
Of China's 39 major industries, the profits of oil and gas exploration, electric power and telecommunications sectors2 grew by 79.1 percent, 38.5 percent and 33.5 percent respectively in the first two months.
The profits of non-ferrous metal ore mining and transportation equipment manufacturing rose by 1.08 times and 1.45 times respectively in the same period.
The profits from steel, chemistry and coal sectors fell by 74.6 percent, 11.4 percent and 4.3 percent respectively in the first two months.
The NBS report also said industrial enterprises suffered losses totaling 54.7 billion yuan in the January-February period, posing a 25.3 percent increase.
The losses of state-owned industrial enterprises and the share-holding enterprises under state control came to 26.2 billion yuan , an increase of 39.1 percent over the corresponding period of 2005, according to statistics.
Meanwhile, the industrial enterprises gained 201.5 billion yuan in taxes, a year-on-year increase of 17.7 percent, and the taxes of state-owned industrial firms and the share-holding enterprises under the State control reached 113.2 billion yuan , up 12.9 percent over the previous year, said the NBS.
Statistics showed the sales income of the industrial enterprises amounted to 3.805 trillion yuan in the period, up 24.8 percent, while that of the state-owned industrial enterprises and the share-holding enterprises under the State control achieved 1.3644 trillion yuan , up 18 percent.
The industrial enterprises in the petroleum3 refining and cokingsectors reported economic losses of 4.6 billion yuan in the first two months of this year