SASAC announced six major tasks for the central enterprises for next year on the 24th of December. The task of adopting practical and effective measures to ensure the stable growth in production and operation came out as a top priority. It is reported that, as of the end of November, the central enterprises had total assets worth 31.2 trillion yuan, a year-on-year growth of 11.5%. SASAC Director Wang Yong said that the economy of the central enterprises had stabilized and recovered in the third quarter with a growth of 2.1% in gross profit from the same period of last year, achieving positive growth for three consecutive months since September. They are expected to meet the goal of an overall annual growth. 

Data released by the National Bureau of Statistics on the 27th of December show that in November, the country's industrial enterprises realized a total profit of 638.5 billion yuan, a year-on-year growth of 22.8%. Out of the 41 major industrial sectors, 30 of them saw their profits grow from the same period of last year, including oil and gas, agro-food processing industry, and general equipment manufacturing industry; while profits for 10 other sectors decreased, including chemical raw materials and chemical products manufacturing industry. In particular, profits in ferrous metal smelting and rolling processing industries fell by 47.9% and the losses in petroleum processing, coking and nuclear fuel processing industries went up by 4.1 times.

Miao Wei, Minister of Industry and Information Technology, proposed next year’s targets for industrial development at a National Industry and Informational Technology Working Meeting held on December 27 as follows. Above-scale Industries should increase their added value by 10% in 2013 while reducing their energy consumption and water consumption per unit of industrial added value by 5% and 7% respectively. The Ministry said it would strive to resolve the problem of excess production capacities next year and improve its forecast of the development trends regarding steel, shipbuilding, cement, plate glass, electrolytic aluminum, wind power equipment and other industries with excessive production capacities. It aims to accelerate mergers and reorganization of industries with excess capacity by means of absorption, transfer, integration and elimination.