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China's industrial profits maintain rapid growth in first four months

Source: Xinhua Updated: 2021-05-28

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Workers assemble diesel engines at a workshop of the Weichai Group in Weifang, east China's Shandong province, April 22, 2021. Profits of China's major industrial companies saw accelerated growth in the first four months of this year as the country's economic recovery is further consolidated, official data showed on Thursday. Industrial firms with an annual business revenue of at least 20 million yuan (about 3.12 million U.S. dollars) saw their combined profits surge 106 percent year on year in the January-April period to over 2.59 trillion yuan, data from the National Bureau of Statistics (NBS) showed. [Xinhua/Guo Xulei]

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