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BEIJING Oregon Ducks Throwback Jersey , Sept. 27 (Xinhua) -- China's major industrial firms posted faster profit growth in the first eight months of this year, the National Bureau of Statistics (NBS) said Wednesday.

Industrial companies with annual revenue of more than 20 million yuan (about 3.02 million U.S. dollars) reported profits of 4.92 trillion yuan in the first eight months, a 21.6-percent increase from one year earlier, the NBS said in a statement.

The strong growth marks a pick-up from the 21.2 percent in the January-July period.

In August alone, profits of major industrial firms rose 24 percent year on year, much faster than the 16.5-percent growth in July Oklahoma State Cowboys Throwback Jersey , the NBS said.

Among the 41 industries surveyed, 39 posted year-on-year profit growth during the first eight months.

NBS statistician He Ping said the strong growth was a result of price hikes in industrial products and lower production costs.

China's producer price index (PPI), which measures costs of goods at the factory gate, rose 6.3 percent year on year in August, 0.8 percentage points higher than the July level.

The price rebound has added some 127.3 billion yuan to the August industrial profits, accounting for 31.2 percent of the total profit increase last month Oklahoma Sooners Throwback Jersey , said He.

Meanwhile, for each 100 yuan of revenue, companies had to spend 85.44 yuan, a 0.64-yuan decrease from the same period last year, NBS data showed.

He also mentioned that the leverage ratio of Chinese industrial firms is on the decline amid the government's ongoing supply-side structural reform. By the end of August, their debt-asset ratio dropped 0.7 percentage points from a year ago to 55.7 percent.

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Chinese vice premier visits basketball players before friendship game

Sino-French cultural forum staged in Lyon

Highlights of Turkish-Iraqi joint military drill

Modern manufacturing Ohio State Buckeyes Throwback Jersey , transport help six Chinese provinces develop fast

A look at Kantuman Bazaar in China's Xinjiang

Scenery of terraced fields in Houyuan Village, China's Fujian

Scenery of high-speed rail networks in south China's Guangxi

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As you have read, there are many different ways to deal with effective nutrition. You need to find a plan that works for you. There is a ton of information that can help you see the benefits that certain nutrients can yield. By following these tips, you are well on your way to improving your nutrition. Tweet

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