Industrial profits in 24 regions realized 690.8 billion yuan in the first quarter, increased 102.6 percent year-on-year, narrowed 21.1 percentage points over first two months, which have picked up.

Within 39 branches of industrial sectors, the profits of 38 industrial sectors increased year-on-year; that of 24 industrial sectors declined over first two month, and that of 14 sectors increased while one sector narrowed. Of the total, the profits of iron and steel industry, electric power industry, non-ferrous metal smelting and rolling processing industry, chemical fiber industry, oil exploitation industry, electronic industry, transportation equipment manufacturing and chemical industry jumped to 33.8, 15.4, 9.7, 8.9, 2.9, 2.3, 2.1 and 1.1 times, while the profit of tobacco manufacturing declined to 10.6 percent year-on-year.

The main business revenue for industry in 24 regions reached 11,579.5 billion yuan, increased 39.6 percent year-on-year, reduced 1.5 percentage points over first two months.

By the end of March, the total volume of net accounts receivable for industry in 24 regions hit 4,045.3 billion yuan, climbed 26.1 percent year-on-year, or 0.5 percentage points reduced over first two months. The finished goods funds accounted for 1,681.6 billion yuan, went up 7.1 percent year-on-year, jumped 1.5 percentage points over first two months.