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China’s industrial profits up 179pc at US$169.7 billion in Jan-Feb

Summary:
[unable to retrieve full-text content]China’s industrial firms saw their combined profits for the January-February period soar 179 per cent year on year to 1.11 trillion yuan (US9.7 billion), according to figures released by the National Bureau of Statistics (NBS) on Saturday.The jump extends the upwards trend to 10 straight months as the sector continues to recover from the coronavirus pandemic. Industrial profits rose by 20.1 per cent in December to 707.1 billion yuan.Beijing combines its economic data for January and February…

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[unable to retrieve full-text content]
China’s industrial firms saw their combined profits for the January-February period soar 179 per cent year on year to 1.11 trillion yuan (US$169.7 billion), according to figures released by the National Bureau of Statistics (NBS) on Saturday.The jump extends the upwards trend to 10 straight months as the sector continues to recover from the coronavirus pandemic. Industrial profits rose by 20.1 per cent in December to 707.1 billion yuan.Beijing combines its economic data for January and February…

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