Since this year, Guangxi Province has taken special measures to quicken the adjustment and upgrade of papermaking industry structure, and to propel the maximization in scale and modernization in production of key enterprises. The aim of papermaking industry of Guangxi Province in 2005 is to increase the production capacity of paper and paperboard to 2 million tons, the production capacity of pulp to 2.2 million tons, and gross industrial output to 7 billion yuan. In Q2, the enterprises of papermaking industry of Guangxi witnessed increasing growth rate, and the production cost Business Survey Index (BSI) for papermaking or paper product enterprises reached 124.04, up 14.27 and 28.06 compared with last same period and last quarter respectively, and it is predicted that the BSI will reach 128.61 in Q3. The BSI for the production and sales of papermaking enterprises also keeps growing, and its main features as follows:
1) The purchase order is growing and the output is increased.
2) The products sold well in the market, the inventory reduced.
3) The production cost is reduced and the benefit is increased. In Q2, the BSI of papermaking or paper product enterprises reached 126.93, up 33.51 and 66.80 compared with last same period and last quarter respectively. The BSI of profit gaining was 103.96, up 5.02 and 22.62 compared with last same period and last quarter respectively.
4) The investment of enterprises increases, and the investment in technology innovation is correspondingly increased. In Q2, the BSI of investment in fixed assets of papermaking or paper product enterprises reached 113.64, up 6.15 and 8.24 compared with last same period and last quarter respectively. The BSI of investment in technology innovation was 104.76, up 9.76 and 18.41 compared with last same period and last quarter respectively.
Reported by BidLink