Profit growth among China's industrial firms dropped in the first four months of the year largely due to a decline in fixed asset investment attributed to the government's macro-control measures, state media reported, citing the National Bureau of Statistics. Profits generated by industrial firms rose 15.6% year-on-year to US$46.9bn between January and April, compared to a rise of 45.7% a year ago.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved