BEIJING nike air force 1 bianche e blu , Dec. 27 (Xinhua) -- Profits of China's major industrial firms fell 1.4 percent year on year in November, narrowing from a 4.6-percent decline posted in October, the National Bureau of Statistics (NBS) said on Sunday.
Profits at industrial companies with annual revenues of more than 20 million yuan (about 3.1 million U.S. dollars) totaled 672.1 billion yuan in November.
Rebounding sales, lower costs and higher investment returns helped slow the profit decrease, said He Ping, an official with the Department of Industry at the NBS.
Revenues from the firms' primary business rose 1 percent year on year in November, compared with a 1.4 percent drop in October.
Automobile and electricity industries posted marked profit growth nike air force 1 bianche e oro , a major contributor to improvement in the overall industrial profits, He said.
Auto manufacturers saw their profits jump 35 percent in November, 28.6 percentage points higher than in October. Profits of power and heat suppliers soared 51 percent, up 42.6 percentage points from October.
However, the country's industrial firms still have to cope with rapid piling up of finished products and fast increase of receivables, the money they have yet to collect from customers, He said.
Industrial profits in the first 11 months of this year dropped 1.9 percent year on year to around 5.5 trillion yuan nike air force 1 rosse e nere , the NBS said. The decline narrowed from a 2-percent decrease registered in the Jan.-Oct. period.
In the first 11 months, state-owned industrial firms saw profits slump 23 percent year on year, while privately-owned firms rose 5.3 percent.
Facing lingering downward risks, Chinese authorities have ramped up efforts to prop up the economy. The central bank has cut benchmark interest rates five times since last November and lowered banks' reserve requirement ratio three times since February.
MELBOURNE, Feb. 17 (Xinhua) -- The forerunner of the 2016 Australian Football League (AFL) season, the pre-season competition, gets underway on Thursday night when Hawthorn and Carlton dust off the summer cobwebs and meet in Launceston nike air force 1 rosse e bianche , Tasmania.
It was less than five months ago that Hawthorn won its third consecutive AFL premiership and much of the focus on the upcoming season will be whether the Hawks can do what only the Collingwood side of 1927-1930 has been able to achieve: win four straight flags.
At the other end of the spectrum, the uncertainty that shrouds the Essendon Bombers following the suspension of 12 players for doping infringements is only exacerbated by the arrival of new coach John Worsfold.
Worsfold was not the only coaching change in the off-season, though, with Brendan Bolton and Don Pyke assuming their first head-coaching positions at the Carlton Blues and Adelaide Crows, respectively.
Nathan Buckley will be desperate for his Collingwood Magpies to make finals this season for the first time since 2013 after the club once again stocked up on young talent in the off-season.
Meanwhile, with his contract set to expire at the end of the season, Richmond Tigers' head coach Damien Hardwick will be under intense pressure to deliver wins early in order to earn a contract extension.
The AFL season proper begins on March 24th nike air force 1 bianche e nere , when Carlton and Richmond meet at the MCG on a Thursday night.
Here, Xinhua presents a guide to the 18 teams, and their chances in 2016:
Adelaide Crows
Key recruits: Troy Menzel, Paul Seedsman, Curtly Hampton (trade)
Key departures: Patrick Dangerfield (trade), Brent Reilly (retired)