Zhejiang leather industry suffered serious losses

Recently, Zhejiang Economic and Trade Commission announced the economic operation in the first half of this year. Under tight macroeconomic policies, international economic fluctuations and obvious inflation, the industrial economy in Zhejiang is in a tight running state. In the first six months of this year, the growth rates of total industrial added value and total profits of enterprises above designated size dropped by 5.5 and 17.8 percentage points from the same period of last year respectively. From January to May, there were 10,700 loss-making enterprises above designated size with a loss of 19.6 %%. Most textile industries, especially leather, chemical fiber, clothing, printing and other losses. Petroleum Processing Industry Due to the substantial upside-down of crude oil and refined oil prices, from January to May, the profit of 2.89 billion yuan in the same period of last year suddenly changed to a net loss of 1.55 billion yuan. The food and paper industry to play a universal effect of price increases, profits have increased by more than 50 %%; pharmaceutical industry since last year out of the downturn for three consecutive years, profit growth over the past 10 years peak; chemical and rubber industry soared 5 As few as recent years. In addition, the shipbuilding industry has become the industry with the strongest growth in the province at present. The output value in January-May is as high as 10 billion yuan. The output value, profits and investment growth of waste resources and waste material recovery and processing industry exceed 40%, 110% % And 80 %%.