Economic Observation Network According to the CCTV News App, the reporter learned from the National Bureau of Statistics that,From January to May, industrial enterprises above designated size in China achieved a total profit of 3143.96 billion yuan, a year-on-year increase of 18.8%.

From January to May, in industrial enterprises above designated size,

• State owned holding enterprises achieved a total profit of 1048.66 billion yuan, a year-on-year increase of 19.6%;
• Joint stock enterprises achieved a total profit of 2434.81 billion yuan, an increase of 24.1%;
• Foreign and Hong Kong, Macao, and Taiwan invested enterprises achieved a total profit of 695.72 billion yuan, an increase of 4.2%;
• Private enterprises achieved a total profit of 772.65 billion yuan, an increase of 10.7%.