Profits at China’s industrial firms rose 0.8% in June from a year earlier, compared to the 6.5% slump logged in May, the National Bureau of Statistics said on Wednesday, reports Reuters.
Industrial profits grew 1% in January-June compared with a 1.0% gain in the first five months.
The data covers firms with annual revenues above RMB 20 million ($2.96 million) from their main operations.
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