No increase in production efficiency: Anatomy of Shandong Industrial enterprises above the size of the operation puzzle

The real supporting strength of Shandong industry is undergoing severe test.　　Shandong Provincial Bureau of Statistics just released data shows that 1-May, the province of industrial enterprises above the completion of the increase of 695.6 billion yuan, an increase of 10.83% per cent, the total continued to rebound;　　Increasing production efficiency has become a realistic contradiction in the operation of Shandong's industrial economy. It is not just Shandong that deviates.　　According to the National Bureau of Statistics, 1-May, the national scale of industrial enterprises above the increase in the value of 6.3% year-on-year, but to achieve a profit of 850.2 billion yuan, a year-on-year decline of 22.9%. Shandong's total industry ranks first in the country, the profit accounted for 17.6%.　　It is more important to solve the riddle of "deviation" of increasing production efficiency in Shandong. Energy heavy chemical industry drags down "the continued low price of industrial products is the main cause of the increase in industrial production."　　An official of Shandong Provincial economic Operation Bureau told this newspaper.　　Since September last year, Shandong Factory Price Index (PPI) in the metallurgical, petroleum, chemical, paper, coal and other industries, the direct impact of the sharp decline in prices, 9 consecutive months of decline in monthly trend, the monthly increase from the highest point of 12.14% last year back to May-7.85%.　　Statistics of Shandong Provincial Statistical Bureau, Raw materials, fuel, power purchase price index showed a sustained decline in May year-on-year decline of 6.61%, the decline of the April expansion of 0.85%.　　Among them, the level of coal prices fell by about 20% per cent, steel average down more than 40%, electrolytic aluminum down about 30%, soda ash, natural rubber down more than 40%.　　The officials said that PPI continued to weaken, directly affecting the Shandong energy, resource-oriented industrial sector profitability. 1-May, oil, steel, non-ferrous metals, coal, black gold mining and other Shandong 8 major advantages of energy, heavy chemical industry total year-on-year reduction of profit of 30.89 billion yuan. Among them, the oil industry profits reduced by 17.74 billion yuan, to achieve profits less than half of the same period last year.　　Eight profit-reducing industries have been pulling down Shandong industrial profits by 19%. According to the reporter survey, some of the loss of large households also spread the overall profit level of Shandong industry.　　1-May, Shandong's two largest state-owned steel enterprises lost more than 1.7 billion yuan, and the same period last year profit more than 3.5 billion yuan. According to our correspondent from the internal sources learned that Sinopec Shengli oilfield 1-May to achieve profit of more than 3.2 billion yuan, although the first profit in Shandong, but compared with the same period last year, the decline is close to 85%.　　Only the enterprise then pull down Shandong industrial profits drop by nearly 10%. However, the economic Bureau of Shandong Province officials analysis, the current level of crude oil prices than this February rose nearly 1 time times, but less than half of last year's peak, reflected in corporate financial indicators, is the decline in profits, but this does not reflect the recovery of the real profitability of the Shandong industry. If this factor is deducted, 1-May, Shandong industrial profits have beenSlightly increased.　　The test of returning to a profitable growth channel the concern in Shandong province is that the lower PPI has affected more companies being shut down and partially discontinued.　　This reporter learned that the Shandong Provincial Commission of the letter not long ago in the province of industrial enterprises above the scale of production of the financial crisis has been two times. Statistics show that at present, Shandong province more than the actual scale of industrial production enterprises 339.　　Among them, the main business income in 10 million-50 million yuan 99 households, 10 million yuan below 158 households, light industry, chemical industry, machinery, building materials, textile and other 5 industries production accounted for more than 85%.　　339 of the 2008-year production of discontinued enterprises to achieve a cumulative operating income of 23.2 billion yuan, accounting for more than 0.4% of the province-wide industrial enterprises.　　In addition, the cut-off enterprise with caliber than last October to reduce 848 households, accounting for more than 0.8% of the province-wide industrial enterprises. "At present, the number of enterprises completely discontinued, and mainly in some small enterprises, indicators accounted for a very small proportion of the province, the overall view of the scale of the production of enterprises in the province's economic impact is minimal."　　Shandong Province through the letter Commission enterprise personnel to this newspaper analysis.　　According to statistics of Shandong Provincial Statistical Bureau, in January-May, 39 industrial sectors in the province, 27 industry profit growth, of which the increase of more than 15% of 10 industries.　　According to a copy of the internal statistics, the January-May, by the state investment, China Southern Car Group, the four square locomotive profits year-on-year increase of more than 200%, the machine tool industry gradually benefited, Jinan second machine tool profit growth of more than 150%. In addition, the car to the countryside, home appliances to the countryside led to Shandong machinery and home appliances Information Enterprise group profitability increased significantly.　　North automobile Futian Zhucheng Automobile Plant, the main agricultural vehicles of the five group profit growth of more than 100%; Haier Group profit growth of 11.24%, Hisense Group growth is up to 21.97%. Zheng, deputy Dean of the Academy of Social Sciences of Shandong Province, believes that the "policy bailout" of Shandong industry has been steadily recovering under the policy of state investment and consumption, but it is closely observed whether the industrial growth led by the central investment has made a sound transition to industrial endogenous and autonomous growth. In the long run, he suggested that Shandong should adhere to the "adjustment of light industrial structure" to promote industrial optimization and upgrading, tamping the foundation.