Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

My Favorite China's Brands
Industry

China's battery manufacturing industry sees soaring net profit in January-July

September 23, 2019


Abstract : China's battery enterprises above designated size reported a hefty growth in net profit during the January-July period, according to the Ministry of Industry and Information Technology.

BEIJING, Sept. 22 (Xinhua) -- China's battery enterprises above designated size reported a hefty growth in net profit during the January-July period, according to the Ministry of Industry and Information Technology.

The total profit surged 63.7 percent year on year to 16.47 billion yuan (about 2.33 billion U.S. dollars) in the first seven months, the ministry said.

Meanwhile, business revenue of the enterprises increased 14.5 percent to 408.92 billion yuan in the period.

Among the main products of the industry, the output of lithium-ion battery in the period increased 10 percent to 8.32 billion units from one year earlier.

The output of lead acid battery stood at 111.78 million kilovolt-ampere-hours in the seven months, up 4 percent year on year, the ministry added.

Scan the QR code and push it to your mobile phone

Keyword: manufacturing battery

Reading:

World Manufacturing Convention opens in east China

Famous trade county in C China's Hunan upgraded to county-level city

Spotlight: China's achievements in technology innovation draw attention from U.S. tech world

NE China’s Heihe to become essential logistics channel to Russia

China Focus: 70 years of change condensed on Guangzhou's axes

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial