On December 28th, the recent “two new” policies have shown their effectiveness, and the policy combination effect continues to play a role, steadily restoring the efficiency of enterprises. According to data released by the National Bureau of Statistics on December 27th, the operating income of industrial enterprises in November shifted from a decrease to an increase year-on-year, and the decline in profits continued to narrow. The profits of the consumer goods manufacturing industry grew rapidly. Experts say that the revenue and profits of industrial enterprises are showing an improvement trend, and the next stage of policy efforts is expected to increase, helping to sustain the recovery of enterprise operating efficiency. With the release of policy effects, industrial production has accelerated its recovery, and enterprise operating income has shifted from decline to increase. According to data from the National Bureau of Statistics, the operating income of industrial enterprises above designated size in China increased by 0.5% year-on-year in November, and decreased by 0.2% in October. From cumulative data, from January to November, the cumulative operating income of industrial enterprises above designated size increased by 1.8% year-on-year. (Shanghai Stock News)
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