Reported 11 months ago
The National Bureau of Statistics of China reported that profits of industrial enterprises above designated size increased by 3.4% in the first five months of this year, with the machinery manufacturing industry driving profit growth with an 11.5% increase, contributing the most to the growth of industrial enterprise profits. State-owned enterprises saw a profit decline of 2.4% in the first five months, while foreign and Hong Kong, Macao, and Taiwan invested enterprises saw a 12.6% increase in profits.
Source: YAHOO