On the afternoon of July 12, the State Council Information Office held a press conference. The Deputy Secretary-General of the State-owned Assets Supervision and Administration Commission of the State Council, Peng Huagang, spokesperson, introduced the economic performance of the central enterprises in the first half of 2018 and answered questions from reporters.
Peng Huagang introduced that in the first half of this year, central enterprises realized a total operating income of 13.7 trillion yuan, a year-on-year increase of 10.1%, 17 companies' income increased by more than 20%, 43 companies' income increased by more than 10%; realized profits of 887.79 billion yuan, a year-on-year increase of 23 %, 37 companies increased their profits by more than 20%, 58 companies increased their profits by more than 10%; the accumulated taxes and fees were 1.2 trillion yuan, a year-on-year increase of 10.3%, and the growth rate was 5 percentage points higher than the same period of last year. 47 companies turned in Taxes and fees increase by more than 10%.
Peng Huagang pointed out that from the perspective of economic operation in the first half of the year, the high-quality development of central enterprises has taken a solid step and achieved positive progress and results, mainly in the following aspects:
First, the quality and efficiency of economic operations continued to increase. The data shows that compared with the same period of last year, not only the year-on-year increase, but also from the perspective of the ring, the growth rate is accelerating, and the growth rate of the first quarter is 1.4 times faster than the first quarter. The growth rate of profit is 2.1 percentage points higher than that of the first quarter. From the specific indicators of operation, the effect of cost reduction is obvious. The growth rate of total cost of the first half of the year is 0.7 percentage points lower than the increase of income. The cost of income payment decreased by 0.6 percentage points year-on-year. Asset turnover also accelerated. By the end of June, the proportion of 'two gold' occupied current assets decreased by 2.1 percentage points year-on-year. The cash recovery rate of assets increased by 0.2 percentage points year-on-year, and labor productivity continued to increase. In the first half of the year, the per capita labor production of central enterprises increased by 8.7% year-on-year, and the per capita profit increased by 24.4%.
Second, the real economy, especially the industrial economy, has enhanced profitability. In the first half of this year, the central industrial enterprises realized a profit of 515.28 billion yuan, a year-on-year increase of 33.9%, which was 10.9 percentage points higher than the average growth rate of central enterprises. 78.6%, also increased by 9.7 percentage points from the first quarter. Some of the important industries, such as petroleum and petrochemical, metallurgy, thermal power and other industries, have a growth rate of more than 30%.
Third, strategic emerging industries and new kinetic energy will accelerate growth. The central enterprises closely focus on the national strategic direction, the direction of industry development and the direction of market demand, and adhere to the development of the real economy, and the development of new products. New business, new model, emerging industry's income proportion gradually increased, and also become an important profit growth point for central enterprises. From January to June this year, new business such as communication enterprise data traffic and Internet applications developed rapidly, and new business revenue accounted for 51.9% of the total revenue increased by 5.1 percentage points year-on-year. The utilization rate of the new energy sector of thermal power enterprises increased significantly, achieving a profit of 13.95 billion yuan, a year-on-year increase of 4.41 billion yuan. In addition, high-performance fiberglass, integrated circuits, microelectronics, etc. The product is also growing rapidly.
Fourth, the company's ability to resist risks has been further improved. Since the beginning of this year, the SASAC and the central enterprises have attached great importance to risk prevention work, including debt risk, financial business risks, international business risks, safety and environmental risks, and this has been generally strengthened. The capacity has been further improved. The asset-liability ratio of central enterprises was 66% at the end of June, down 0.3 percentage points from the beginning of the year, which also shows that the ability to resist risks is constantly increasing.
Peng Huagang said that the good performance of the central enterprises' economic operation has further enhanced our confidence and confidence in coping with the risk challenges and unswervingly carrying out the new journey of high-quality development.
Peng Huagang stressed that there is an ever-increasing process in promoting high-quality development. The central enterprises have made great efforts in this respect this year and have achieved positive results in terms of high-quality development. Next, according to the Party Central Committee, The requirements of the State Council are based on strengthening and doing business well, better promoting the high-quality development of central enterprises, and better serving the sustained and healthy development of the national economy.