Economic Indicators
China’s industrial profits rise 4.3% in Jan-April, unchanged from Q1
2024.05.27 04:24
BEIJING (Reuters) – Profits at China’s industrial firms rose 4.3% in the first four months from the same period last year, official data showed on Monday.
The jump followed a 4.3% increase in the first quarter and a slew of divergent activity data for April, according to National Bureau of Statistics (NBS) data.
Industrial profit numbers cover firms with annual revenue of at least 20 million yuan ($2.76 million) from their main operations.
($1 = 7.2388 )
