Chinese Industrial Profit Decline Narrows in November; Key Sectors Show Growth
Profits of major industrial firms in the Chinese mainland saw a smaller decline in November, with key industries posting growth, signaling potential economic recovery.
Industrial Profits
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China’s Industrial Profits Hit 5.23 Trillion Yuan, High-Tech Sector Shines Amid Decline
China’s major industrial enterprises reported profits of 5.23 trillion yuan in the first three quarters, with high-tech manufacturing leading growth despite an overall decline.
China’s H1 Industrial Profits Rise by 3.5%, Steady Recovery Evident
China’s major industrial firms reported a 3.5% year-on-year increase in profits for the first half of the year, reaching 3.51 trillion yuan ($484.1 billion), signaling steady economic recovery.
China’s Industrial Profits Rise 3.4% in First Five Months
China’s major industrial firms saw profits rise by 3.4% year-on-year in the first five months, reaching 2.75 trillion yuan, with equipment manufacturing leading the growth, according to the NBS.
China’s Industrial Profits Rise 4.3% in First Four Months of the Year
China’s major industrial firms reported a 4.3% profit increase in the first four months of the year, matching first-quarter growth, signaling resilience amid global economic uncertainties.
China’s Industrial Profits Rise 4.3% in Q1, Reversing Downward Trend
China’s major industrial firms report a 4.3% profit increase in Q1, reversing last year’s decline and marking sustained economic growth, according to the National Bureau of Statistics.
China’s Manufacturing Profits Jump in Q1 2024 Driven by Policy Tailwinds
China’s manufacturing sector reports a 7.9% profit surge in Q1 2024, driven by supportive policies and robust demand, signaling strong economic momentum.
China’s Major Industrial Firms Report 10.2% Profit Surge in Early 2024
China’s major industrial firms report a 10.2% profit increase in the first two months of 2024, signaling strong economic momentum, according to the National Bureau of Statistics.