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BEIJING， Sept. 27 (Xinhua) -- China's industrial profits rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August， official data showed Tuesday.


The growth rate was faster than the 11-percent increase registered one month earlier， according to the National Bureau of Statistics (NBS).


In the first eight months of the year， industrial profits expanded 8.4 percent year on year， compared with a 6.9-percent rise during the January-July period.


The bureau's calculations include companies with annual revenues exceeding 20 million yuan.


NBS statistician He Ping said the August growth rate was the fastest monthly rate so far this year. He attributed the improvement to rising production and sales， a recovery in manufactured goods prices， lower operating costs， and a lower comparison base from last year.


The bullish performance of automobile， steel and oil processing industries also pushed the August growth rate higher， He said.


Because of strong output and sales， profits in the auto industry surged 43.9 percent year on year， compared with a 19-percent increase registered in July.


During the first eight months， 33 of 41 industrial sectors reported year-on-year rising profits， with high-tech sectors， including computers and telecommunications， posting profit increases of 19.8 percent year on year.


In contrast， electricity， energy production and the supply industry witnessed a 3.9-percent decrease in profits during the same eight-month period. Oil and gas exploitation also posted losses.


Foreign-invested companies posted strong profit growth of 10 percent in the first eight months， while state-owned enterprises dropped 2.1 percent year on year.


Despite the positive profit data， He Ping warned of a grim outlook for industrial enterprises partially due to sluggish demand at home and abroad.Traditional industries， especially those beset by overcapacity， still face difficulties.


After military success Cheap Tyrann Mathieu Jersey , UAVs turn to development, environment projects


China's success in producing and exporting unmanned aerial vehicles (UAVs) for military use is prompting the industry to explore new civilian uses, which will help develop the domestic economy and tap overseas market, experts said.


"Our products are very popular in the Belt and Road countries in the Middle East, Central Asia, Southeast Asia Cheap John Brown Jersey , Africa and so on," Shi Wen, general designer of the Rainbow UAV series (CH series), told the Global Times.


Produced by the China Aerospace Science and Technology Corp (CASC), the CH series is its most popular drone product.


Shi declined to identify the buyers, citing business confidentiality.


However Cheap Carson Palmer Jersey , according to official sources from other countries, Rainbow at least has 19 buyers around the world, including Egypt, Myanmar, Iraq, Pakistan Cheap Patrick Peterson Jersey , Nigeria and Saudi Arabia. Since 2015, the Iraqi defense ministry's YouTube channel has posted a number of videos about the use of the CH-4B, a military drone of the Rainbow series. These clips show how effective the drones are in real combat situations, such as destroying moving armed vehicles or buildings used by armed terrorists as hideouts.


The fast development of China's UAVs relies on development in areas like aircraft engines, satellite navigation (Beidousystem) and micro electronics, Song Zhongping Cheap Larry Fitzgerald Jersey , a Hong Kong-based military expert told the Global Times.


Chinese drones have not had the same poor publicity as US military drones. Shi said Rainbow series drones "have destroyed more than 300 targets in combat in these regions, and the strike rate is 99 percent, which is remarkable."


But Chinese companies are also exploring other markets where drones can make a big impact on development, which will help improve the image of the technology, as most people only know about military drones, experts said.


"Since China has very complicated conditions Cheap Chandler Jones Jersey , if our UAVs work well here, we can use this experience to help other countries as well. And this is much more meaningful than military uses," Song stressed.


Zhou Nai'en, associate director of CASC's design department at its research institute, said that drones can be used for forest protection, exploration of underground resources Cheap David Johnson Jersey , and for ocean monitoring.


"For instance, China's territory is vast and has some of the most difficult natural and geographic conditions in the word. And in many cases, if we use manpower to discover natural resources, it would be very difficult and costly due to the harsh natural environment. It's also dangerous sometimes, but using drones can make many 'impossible missions' possible," Zhou said.


The newest CH-5 drone can carry high-tech exploration devices that can detect underground mines. It flies over no-go areas and detects mines using surface reflections Cheap Pat Tillman Jersey , saving a lot of time and money, he said.


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