The National Bureau of Statistics said industrial profits in China rose in April but at a slower rate from the previous month.
Figures showed that China’s industrial profit increased an annual 14 percent in April from the previous month’s 23.8 percent gain. Profits totaled CNY 572.78 billion.
In the first four months of 2017, industrial profits of companies with revenue of more than CNY 20 million, up 24.4% from the corresponding period of previous year to CNY 2.28 trillion.
The material has been provided by InstaForex Company – www.instaforex.com
May 29, 2017 at 03:01PM
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