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Economic Watch: China's industrial profits rebound, pressure persists
Profits of China's major industrial firms rebounded in the second quarter (Q2) as business activities continued to pick up, but the recovery still faces uncertainties due to the global spread of COVID-19.
Profit of Chinese industrial firms resume positive growth in May 2020
The profits of Chinese industrial firms resumed positive growth for the first time in May 2020, further confirming the accelerated recovery of China's industrial economy, Shanghai Securities News reported on Monday.
Over 70pct of large-scale industrial enterprises resume production around China
For many regions in China, over 70 percent of industrial enterprises above designated size (with main business revenue of 20 million yuan and above) have resumed production, said an official with the National Development and Reform Commission (NDRC) Monday at a press conference.
China's industrial growth remains stable with improved profit mix in 2019
China's industrial growth, especially that of the manufacturing sector, remained stable in 2019, with the mix of profit improving despite of a profit decline.
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