Paper and Printing Industry Profits Increased by 77% and 12% Oct 09, 2021

On July 27, 2021, China National Bureau of statistics released the profits of national industrial enterprises above Designated Size from January to June 2021. According to the data, the total profits of Industrial Enterprises above Designated Size in China reached 4218.33 billion, a year-on-year increase of 66.9% (calculated according to comparable standards), an increase of 45.5% over January June 2019 and an average increase of 20.6% over the two years.

Among the 41 major industrial industries, the total profits of 39 industries increased year-on-year, one industry turned loss into profit and one industry was flat. Among them, the total profit of papermaking and paper products industry was 48.43 billion, a year-on-year increase of 77.1%; The printing and recording media reproduction industry realized a total profit of 17.37 billion, a year-on-year increase of 11.8%.

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