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        Welcome to the official website of Tongxiang Guangsheng Plastics Co., Ltd!

        The plastics processing industry's profit in the first five months is growing

                According to the economic operation data of my country's plastics processing industry from January to May this year released by the National Bureau of Statistics recently, the main indicators of the industry are showing a recovery growth trend, and the rate of decline has narrowed month by month; Growth, the scale continues to increase; the cumulative profit has achieved positive growth, and the operating income margin has increased significantly year-on-year.

               Specifically, a single month's output increased significantly year-on-year. From January to May, my country's plastics processing industry aggregated the total output of 27.554 million tons by enterprises, a year-on-year decrease of 4.17%. Compared with January to April, the decline narrowed by 10.11 percentage points. In terms of monthly output, positive growth was achieved in March, with a year-on-year increase of 6.12%; in April, a year-on-year increase of 6.15%; and a year-on-year increase of 5.74% in May.

               Accumulated profits achieved positive growth. From January to May, the cumulative profit of my country's plastics processing industry was 38.043 billion yuan, an increase of 11.99% year-on-year. It ranked third among the 18 major categories of the light industry, 18.72 percentage points higher than that of the light industry and 31.29 percentage points higher than the national industry. . Among them, the cumulative profit of plastic film manufacturing increased by 37.82% year-on-year. The operating income margin was 5.71%, an increase of 0.89 percentage points from the same period last year, and 0.71 percentage points higher than the national industry.

               The scale continues to increase, and the proportion of benefits increases. As of the end of May, the number of enterprises above designated size in the plastics processing industry in my country reached 16,308, an increase of 473 from 15,835 at the end of 2019; cumulative profits accounted for 2.06% of the country, an increase of 0.58 percentage points from the same period last year; the proportion of light industry was 9.17%, compared with last year An increase of 1.72 percentage points over the same period.

               The decline in cumulative exports has further narrowed. According to statistics from the General Administration of Customs, from January to May, my country’s cumulative export of plastic products was 27.878 billion U.S. dollars, a year-on-year decrease of 2.7%. Compared with January to April, the rate of decline narrowed by 1.43 percentage points.

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