China's industrial profits down 12.8% in H1

04.08.2020

Profits of China's major industrial firms in June totaled 666.55 billion yuan (about $95.18 billion), increasing by 11.5 percent year on year, data from the National Bureau of Statistics (NBS) showed Monday.

The growth widened 5.5 percentage points from that in May, said NBS senior statistician Zhu Hong.

The quickened growth in...