In­dus­trial profit growth slows in H1

China Daily (Canada) - - BUSINESS -

Prof­its of China’s ma­jor in­dus­trial en­ter­prises rose 6.2 per­cent year-on-year in the first half of 2016, nar­row­ing from a 6.4 per­cent rise reg­is­tered in the first five months, of­fi­cial data showed onWed­nes­day. Prof­its at in­dus­trial com­pa­nies with an­nual rev­enues of more than 20 mil­lion yuan ($3.1 mil­lion) each to­taled 3 tril­lion yuan in the first six months, the Na­tional Bureau of Sta­tis­tics said.

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