Since joining the WTO,the automobile industry of China has sustained the rapid development;the scale expanding is not the issue。To turn the scale expanding to the improvement of level and achievement of fast and sound development have become the main issues to resolve for a further development of the Chinese automobile industry。Therefore,the government needs to guide the automobile industry through financial taxation and technical standards,into energy saving,resources and environment-friendly industry。Automobile industry enterprises should also make efforts in aspects such as research and development,marketing services,finance,logistics,and enhance the all-round level of operation and profitability。

Chapter 16

Performance of Electronic Information industry

China’s electronic information industry sustained rapid growth in recent years and take a more salient position in the national economy;production and sales of the main products is in the forefront of the world;foreign-funded enterprises have become an important force in industrial development;the core infrastructure industries has been gaining more and more attention and development speeded。But the economic performance of China’s electronic information industry can not be optimistic,within the major economic indicators,only labor productivity is significantly higher than that of the industries’average,while ratio the industrial added value,and the contribution rate of total assets and the cost margins are below that of the national average。In the main industries,communications equipment manufacturing industry and the software industry get relatively good economic returns,computer and TV industries sustain lower profits,and performance of integrated circuit chip manufacturing began to improve。The main economic factors affects the performance of China’s electronic information industry are:

the lack of core technologies,serious product homogeneity,three-funded enterprises transferring profits and China’s export tax rebate policy changes after accession to the WTO and setup of foreign trade barriers。From social benefits,the electronic information industry development contributes to the increasing popularity of electronic products;continuous improvement of information infrastructure,improvement of information-based national economy。At the same time,manufacturing process of electronic information products and electronic garbage has a negative impact on the ecological environment。Judging from the development trend,spending in the core technology will improve China’s electronic information industry economic performance in the future,vigorously development of the software industry is conducive not only to readjustment of the industrial structure,employment promotion,but also conforms to the requirements of sustainable development。China’s e-waste management has been integrated into the legal track。

Chapter 17

Performance of Textile Industry

After the restructuring at end of the 20th century,technological progress of the textile industry in recent years accelerates,the scale of production and exports continued to expand,the quality of economic operation improved,overall performance of the industry has improved。With marketing of industry and the speeding up of opening up process,the main competitors in the textile industry increased and competition has become increasingly fierce,squeezing the profit margins of the industry。Coupled with the implementation of factors such as national macro-control policy,production costs rose,the downward of export tax rebate,RMB revaluation and increased international trade friction,difficulty to further improve the economic performance of the textile industry increased。From social benefits,the textile industry as one of China’s traditional labor-intensive industries has played a positive role in meeting consumer demand,

creating jobs and promoting urbanization。Social responsibility system development of textile enterprises have made some progress,but for environmental impact,the water consumption and energy consumption of textile industry remain high,the environmental pollution problems are prominent。Faced with the new situation of the economic and social development and changes in the international environment,textile industry,in the future development,should cover the social performance,economic benefits and environmental benefits,based on technical innovation and structural adjustment,vigorously develop recycling economy,change the mode of growth,promote the sound and fast development of the textile industry to upgrade the overall ability of independent innovation and international competitiveness of textile industry,accelerate the achievement of the changes from“textile big country”to“textile powerful country”。

Chapter 18

Performance of Home Appliance Industry

China’s home appliance industry is one of the earliest opening industries to the world market。After two or three decades of development,China’s home electrical appliance industries completed the assembly from consumer and white electronics to small appliances,from raw materials and spare parts to whole products assembly,and formed the Central Industrial Cluster Strip of Pearl River Delta,Yangtze River Delta and Bohai Bay region;nurturing a number of domestic appliances brands of a certain market and competitiveness;china has become the world’s electronics manufacturing center。The development of electronics industry provide consumers in China and other countries with a large number of low-cost,

feature-rich products,played a positive promoting role to enhance the living standards of residents and provided the community with a considerable job opportunities。However,due to lack of core technologies of major home appliances,China’s home appliance industry is still in the development model of scale-driven,although some leading enterprises already have a certain independent capability of R&D and technological innovation,but the industry has not yet entered the stage of technical innovation-driven development。In an increasingly competitive environment,the economic performance of the home appliances industry keeps downturn。Under constraints of energy,resources and environment,China’s home appliance enterprises can only really achieve economic performance,social benefits and ecological benefits simultaneously by means of improve the ability of independent innovation fundamentally,realize changes from the scale-driven model to innovation-driven in the home appliance industry development。

Chapter 19

Performance of State-owned Industrial Enterprises

During the 10th Five-Year Plan period,state-owned and state-holding industrial enterprises are constantly expanding in scale as a whole,performance improved,efficiency continued substantial growth,the efficiency has been raised relatively,the level of economic performance knocked to a record high。Situation breakthroughs and achievements in this period are closely linked to a series of measures on the development and reform of state-owned enterprises,including basically achieving the three-year goal of poverty eliminating,separating of chief and secondary business and secondary business restructuring,strengthening of state-owned assets supervision,and the strategic readjustment of the state-owned economy,especially the focus on reform on enterprise system played a role in the reform of property rights。However,the scale of change and efficiency improvement does not mean that the state-owned and state-holding industrial enterprises began to improve operational efficiency。Analysis shows that the structure and capacity of state-owned and state-holding industrial enterprises are continuously focused on six industries of petroleum and gas exploration,the improvement of performance indicators rely mainly on six major industries state-owned enterprises of a monopoly and quasi-monopoly position。State-owned enterprises reform has achieved some initial results;yet there is a long way to go to continuously deepen the reform。

Chapter 20

Economic Performance of Listed Companies

In the context of China’s macro economy in a sustained,rapid and steady growth,listed companies are undergoing a sound development。From the four aspects of total net profit,profitability,asset quality and financial risk of listed companies,since 2000,the total net profits of listed companies sustained growth,level of profitability is higher,and mean time the quality of assets and asset utilization of listed companies is rising steadily。What is noteworthy is that while the listed companies have expanded and the level of profitability improved,the company’s financial risk also has maintained a level of stability and has been under control in the acceptable range。Looking at the situation of different industries,since 2000,the listed companies of mining,metals,non-metallic,electricity,steam and water production and supply,transpor-tation and warehousing industries are of better economic situation,listed companies of the electronics industry is of worse economic performance。Macro economy,market system and the consumer will have an impact on economic performance of listed companies。For future conditions of economic performance of listed companies,macroeconomic stability growth will provide a solid economic upgrade protection to listed companies,consumer upgrades will play a driving role in enhancing the economic performance of listed companies,system innovation factors will further deepen the economic performance of listed companies。

Chapter 21

Performance of Three-funded Enterprises

Three-funded enterprises hold an important position in China’s national economic and social development。Based on the eight indicators including losses,loss rate,the contribution rate of total assets,the rate of assets and liabilities,cost margin,industry ratio,personnel labor productivity and liquidity of working frequency from 2000 to 2006,this chapter inspected the economic performance of three-funded enterprises and investigated the social benefits of three-funded enterprises in five aspects such as the expansion of employment effects,the effect of income growth and the effect of taxation growth,effects of trade increasing and technological innovation and together with a brief analysis of the ecological benefits of the three-funded enterprises。In order to improve comprehensive performance of the three-funded enterprises in the future period,the following proposals are given:firstly,to pay greater attention to structural optimization;secondly,to pay more attention to the processing trade;thirdly,it is necessary to pay greater attention to the decline of performance;fourthly,we should pay greater attention to issues of social responsibility;fifthly,to pay more attention to energy consumption and eliminate emissions;sixthly,more focused on economic security issues。

Chapter 22

Performance of the Private Industrial Enterprises

From 2001 to 2005,private industrial enterprises have made rapid development;economic performance,social benefits and asset size obtained double-growth。Status and role of private industrial enterprises in the industrial economy are rapidly upgrading。From the scale of assets,assets of private industrial enterprises in 2001 is only 6.7%comparing to that of state-owned and state-holding industrial enterprises,but reached 27%in 2005 comparing to that of state-owned and state holding industrial enterprises。From profit realization,profits of private industrial enterprises in 2001 is only 21%comparing to that of three-funded industrial enterprises,while in 2005,it has been reached 51%comparing to that of three-funded industrial enterprises。From the taxes payment to the state,taxation of the private industrial enterprises in 2001 is only 8%comparing to that of state-owned and state-holding industrial enterprises,while in 2005 is 27%comparing to that of the state-owned and state-holding industrial enterprises。From the creation of employment opportunities,employment opportunities of the private industrial enterprises in 2001 is only 20%comparing to that of the state-owned and state-holding industrial enterprises,while in 2005 reached 90%comparing to that of state-owned and state-holding industrial enterprises。We can see that,relatively speaking,China’s private industrial enterprises,which occupy fewer assets,and create more efficiency,grow faster in taxes payment and rapidly create a large number of job opportunities,are growing soundly。