Technicians work on the filling line for liquefied petroleum gas (LPG) rail tanker at the port of Alataw Pass, northwest China's Xinjiang Uygur Autonomous Region, July 29, 2016. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Zhu Xiang)
China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months, up 45.2 percent from the same period of last year, official data showed.
The figure took up 14.3 percent of the total profits generated by domestic industrial enterprises that each has an annual main operation income of more than 20 million yuan, according to the Ministry of Industry and Information Technology.
With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent.
The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry.
The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent.
The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year.
Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics.
Photo taken on Oct. 31, 2018 shows the hand over of 64 ton diesel from PetroChina to a Lao company at Laos-China border, in Boten, Laos. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Liu Ailun)
Photo taken on July 2, 2018 shows the Yanbu Aramco Sinopec Refining Company (YASREF), in Yanbu, Saudi Arabia. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Wang Bo)
A staff member refuels a car at a petrol station in Chongqing, southwest China, July 9, 2018. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Wang Quanchao)
Yao Yage, head of China-Kazakhstan crude oil pipeline's operation center in the Alataw Pass, works at the operation center in the Alataw Pass, northwest China's Xinjiang Uygur Autonomous Region, July 4, 2018. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Zhao Ge)
A staff member refuels a car at a filling station in Hai'an, east China's Jiangsu Provicne, on Nov. 16, 2018. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Xu Jinbai)
A staff refuels a car at a filling station in Handan, north China's Hebei Provicne, on Nov. 16, 2018. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Hu Gaolei)
Crude oil tanks are seen at Made Island oil port, Myanmar, April 10, 2017. A 140,000-ton crude oil tanker "Suezmax" began offloading crude oil at Made Island oil port in Myanmar's western Rakhine state on Monday after the signing of a China-Myanmar crude oil pipeline transmission agreement in Beijing earlier in the day. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Zhuang Beining)
A worker checks the water quality at PetroChina Guangxi Petrochemical Company in Qinzhou City, south China's Guangxi Zhuang Autonomous Region, Jan. 11, 2018. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Lu Boan)
A staff member works at Kela-2 gas field of the Tarim Oilfield in Aksu, northwest China's Xinjiang Uygur Autonomous Region, July 8, 2017. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Shen Hong)
A cargo ship loaded with oil and gas anchors in the sea area of Maoweihai of south China's Guangxi Zhuang Autonomous Region, Dec. 18, 2017. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Zhang Ailin)
Photo taken on July 7, 2017 shows Keshen 605 well at the Tarim Oilfield in Aksu, northwest China's Xinjiang Uygur Autonomous Region. China's petroleum and chemical industry has generated some 712.1 billion yuan in total profit over the first nine months of 2018, up 45.2 percent from the same period of last year. With a total asset of 12.75 trillion yuan, up 6.1 percent over the same period last year, the sector has seen its asset-liability ratio fall by 1.16 percentage points to 54.19 percent. The sector's profit rate climbed up by 1.56 percentage points to 7.43 percent, thanks to the solid improvement in the operation efficiency of petroleum and natural gas exploration business as well as the good development momentum in oil refining and chemical industry. The overall prices of petroleum and natural gas surged by 24.6 percent during the January-September period, while those for chemical raw materials and chemical products jumped by 7.2 percent. The industry's total exports during the same period went up by 22.8 percent to 521.66 billion yuan. The growth rate was 8.6 percentage points higher than the same period of last year. Fixed assets investment in chemical raw materials and chemical manufacturing rose by 1.7 percent, the first increase since the end of January but lower than the 5.4-percent national average growth for industrial investment, according to the figures of the National Bureau of Statistics. (Xinhua/Shen Hong)
Editor:Cherie
