China's industrial profits up 10.2 pct in first 2 months
Time:2024-04-30 11:44:18 Source:entertainmentViews(143)
BEIJING, March 27 (Xinhua) -- Profits of China's major industrial firms increased 10.2 percent year on year in the first two months of the year, data from the National Bureau of Statistics (NBS) showed Wednesday.
The figure reversed a 2.3 percent decline registered in 2023, the NBS said.
Industrial firms with an annual main business revenue of at least 20 million yuan (about 2.82 million U.S. dollars) saw their combined profits reach 914.06 billion yuan during the period.
Among the 41 industrial categories monitored by the bureau, 29 recorded profit growth.
The profits of the equipment manufacturing sector continued to increase rapidly in the January-February period.
The combined profits of the sector gained 28.9 percent year on year, 24.8 percentage points higher than the growth rate registered in the previous year.
The surge contributed 6.7 percentage points to the country's overall growth in industrial profits, making equipment manufacturing sector the largest contributor, said the NBS.
Previous:Emily Henry interview: The secret to having a healthy relationship with love
Next:The AstraZeneca vaccine 'victims': From families losing loved ones to those left with life
You may also like
- A bomb attack in northern Kenya kills 5 people near the border with Somalia
- Beijing eyeing more foreign travelers
- Scaloni: Messi key in decision to remain Argentina boss
- The Village Super League and the rural awakening
- Shocking moment drink
- Wartime sex slaves' children file lawsuit
- Chinese premier stresses consolidating achievements in poverty alleviation
- 3 dead in east China residential complex fire
- Lady Gaga and boyfriend Michael Polansky make a rare appearance as they step out for a low