[Economy]
China's industrial profits up 4.3 pct in Q1
by Shine
April 27, 2024[Economy]
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Profits of China's major industrial firms increased 4.3 percent year on year in the first quarter of the year, official data showed Saturday.
The growth reversed a 2.3 percent decline registered in 2023, according to the National Bureau of Statistics.
Industrial firms with an annual main business revenue of at least 20 million yuan (US$ 2.82 million) saw their combined profits reach 1.51 trillion yuan during the first three months.
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