A survey released by China National Statistics Bureau on July 5 showed that business climate index for the second quarter of the year stood at 134.4 in this country, a slight drop of 1.5 points from the first quarter but an increase of 17.8 points over the same period of last year. This means enterprises have felt the impact of macro-control measures.

With an index of 128.0 and 141.6 respectively, basically similar to the first quarter, state-owned enterprises and those funded by overseas investors kept stable for their operation. The index for joint-operation businesses was 9.8 points up over the first quarter. The private sector recorded the most noticeable fall of 9.1 points, at 121.8. Companies with the other corporate structures, such as joint-stock businesses and collectively-owned concerns, saw mild drop ranging from 1 point to 3 points.

In terms of industries, enterprises in manufacturing, transportation, warehousing, postal service, real estate, information had falling index, 2.9 to 5.7 points lower than the first quarter. wholesaling and retailing kept the same level as the first quarter, at 138.8. Mining, power, gas and water, construction, social services, accommodation and catering went up by 6.5, 2.4, 9.5, 3.2 and 10.8 points.

The business production climate was improving in the second quarter. The index, 128.7, increased by 12 points over the first quarter.

Businesses had stronger ability to make profit. The index for business profitability was 118.1, up 6.7 points compared with the first quarter. Specifically, profitability for enterprises in construction, social services, accommodation and catering jumped by 34, 20 and 29.2 points.

Figures for industrial and real estate companies also climbed by 4.6 and 2.8 points respectively.

But profitability in transportation, warehousing, and postal services, wholesaling and retailing, and information all moved downward at a pace of 6.9, 4.2 and 2.8 points respectively.

By People's Daily Online