Geregistreerd op: 03 Apr 2018
|Geplaatst: 05-05-2018 07:30:03 Onderwerp: high speed railway in Inner Mongolia starts operation
|BEIJING Nike Air Max 270 Hot Punch , April 5 (Xinhua) -- Chinese listed firms in traditional and emerging industries posted diverging results for 2015 as the country shifts its economic gears in the face of continued slowdown.
As of Monday, 104 out of 1,303 companies had reported losses for last year, with over 70 percent of them in manufacturing and the remainder mainly in property and extractive industries, according to data from eastmoney Nike Air Max 270 Light Bone , a financial data website.
Twelve of them, including industrial giants in steel smelting and coal mining, witnessed huge losses exceeding 1 billion yuan (154.65 million U.S. dollars). Chongqing Iron & Steel Company suffered the most, swallowing a loss of nearly 6 billion.
The lackluster performance by publicly traded companies shows the struggle traditional heavy industries face amid sagging global economic recovery and domestic industrial overhaul. Squeezed by excess production and shrinking demand, factories are still confronted with major challenges.
Shen Meng Nike Air Max 270 OG , executive director of Chanson Capital, a boutique investment bank, said companies with losses will have a hard time reversing the situation in the short term as demand remains weak and more time is needed to explore new markets.
"Given an ongoing shift in economic engines and flagging domestic and overseas demand, companies in traditional sectors have to step up their transformation and improve the added value of their products to survive," Shen said.
While the sluggish growth bit into the profits of heavy industries Nike Air Max 270 Flyknit , firms in emerging and high-tech sectors told a different story.
China's largest new energy vehicle (NEV) maker BYD raked in 2.83 billion yuan in net profits in 2015, up more than 550 percent year on year. Helped by government support ranging from subsidies to tax breaks, the NEV sector boomed last year as annual production quadrupled to 379,000.
A majority of growth and high-tech companies have also reported stellar growth for 2015, including those in new energy Nike Air Max 270 , medicine and information technology.
The China Enterprise Management Science Foundation said in an early report that sectors including robotics and intelligent equipment will continue to outpace traditional industries.
To arrest the economic slowdown, China is restructuring its industries to sustain growth, encouraging new sectors and reforming the old. Emerging industries, such as robotics, intelligent equipment Air Max 270 Hot Punch , drones and high-speed railways, are becoming China's new economic engines, analysts said.
"Burgeoning new industries will revitalize the Chinese economy in the long run," said Song Kun, fund manager of E Fund Management Co.
The output of emerging industries is expected to account for 15 percent of GDP by 2020 Air Max 270 Light Bone , up from the current 8 percent.
More than 1,300 companies traded on the Shanghai and Shenzhen bourses have released their annual reports, nearly two-thirds of which saw profits increase.
NAROK， Kenya， April 10 (Xinhua) -- The Kenyan government has kicked off a five-day nationwide polio vaccination campaign， targeting 9 million children under the age of five.
Health Cabinet Secretary Cleopa Mailu who launched the exercise on Saturday in Narok， about 120km southwest of Kenya said the campaign which will run in all 47 counties and aims at protecting the children， the community and create a polio free Kenya.
Mailu said coverage for fully immunized child in the country has significantly improved from 56 percent in 2014 through 66 percent in 2015 to the current 76 percent.
"The country has conducted 18 successful polio vaccination campaigns， and has now introduced inactivated polio vaccine in routine immunization to make it a success，" he said.
The new polio vaccination drive will be a follow up to an earlier one conducted in March in thirteen high risk counties.
The East African nation has applied global best practices to deter future polio infections despite the country's vulnerability to the viral disease occasioned by proximity to high burden countries.
Mailu said in order to reach all the eligible children， vaccination teams will be moving from house to house across the entire country.
The CS assured the public that the vaccine that will be used during the vaccination campaign has been tested by the National Quality Control Laboratory and found to be safe and therefore to cause for alarm.
"I want to assure the public that the vaccine has been tested by the National Quality Control Laboratory and found to be safe and therefore no cause for alarm，" Mailu said.
He added that the vaccine is the same one that is given in all public， private and faith-based health facilities in Kenya.
The official said his ministry is fully committed to provide quality health of the highest attainable standard for all Kenyans as enshrined in the Constitution.
The UN World Health Organization (WHO) says that globally， a total 359 polio cases were detected in 2014 but the figure dropped to 74 in 2015.
Kenya is signatory to the WHO declaration on achieving polio free status by 2018.
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