Chinese companies' profit-making capabilities improve

时间：2007-11-26 07:42:36

（单词翻译:单击）

Chinanews, Beijing, Nov. 24 – Over the past ten years, Chinese industrial companies' profit-making capabilities1 have greatly improved. In a sense, it can be said that Chinese industrial companies have shifted from a time when they could make meagre profits to one when they can generate fairly large profits, said the Chinese Academy of Social Sciences in its latest issue of the 2007 Chinese Companies Blue Paper.

 

The main content of the blue paper is a report titled "Chinese Companies' Competitive Edge in 2007 – Companies' Profit-making Capabilities and Their Competitive Edge". In this report, it is said that industrial companies' profits have greatly increased, and this is not because they have used financial leverage2, but rather because Chinese companies profit-making capabilities have actually improved.

 

Over the past few years, the total profits made by industrial companies have increased substantially. Information shows that during the first eight months of this year, the profit made by all industrial companies that have a certain scale increased by 37% over the same period last year, and the growth rate increased by over 20 percentage points.

 

In fact, since 1998, industrial companies profits have always grown at a fast rate. In 1998, the total profits made by state-owned companies and companies with a certain scale reached 150 billion yuan, while in 2006, such figure exceeded 1.8 trillion yuan.

 

All this information shows that Chinese companies have entered into a fast track in terms of profit-making capabilities.

 
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1 capabilities f7b11037f2050959293aafb493b7653c     
n.能力( capability的名词复数 )；可能；容量；[复数]潜在能力
参考例句：
  • He was somewhat pompous and had a high opinion of his own capabilities. 他有点自大，自视甚高。 来自辞典例句
  • Some programmers use tabs to break complex product capabilities into smaller chunks. 一些程序员认为，标签可以将复杂的功能分为每个窗格一组简单的功能。 来自About Face 3交互设计精髓
2 leverage 03gyC     
n.力量，影响；杠杆作用，杠杆的力量
参考例句：
  • We'll have to use leverage to move this huge rock.我们不得不借助杠杆之力来移动这块巨石。
  • He failed in the project because he could gain no leverage. 因为他没有影响力，他的计划失败了。

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