China Industrial Profits Rise 15.5 Percent in Q1
Profits at Chinese industrial firms grew 15.5 percent during the first quarter of the year. This slight increase follows a 15.2 percent jump recorded in February.
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Industrial profits in China maintained a steady upward trajectory during the first three months of the year, according to the latest official data released on Monday. The National Bureau of Statistics reported a 15.5% year-on-year increase in profits for the first quarter, indicating a slight acceleration in growth compared to the 15.2% rise recorded during the January-February period.
