RSS   Newsletter   Contact   Advertise with us
Post Online Media
Asia   Well above the 9.8 percent climb in October

China industrial profits surged 14.5 percent

China industrial profitsChina's industrial profits grew at a faster pace in November from a year ago, data from the National Bureau of Statistics showed.

Article continues below

READ MORE China industrial profits rise at faster rate in June

Industrial profits surged 14.5 percent year-over-year to CNY 774.6 billion in November, well above the 9.8 percent climb in October.

During the January to November period, total industrial profits rose 9.4 percent compared with the same period last year, up from 8.6 percent in the first ten months of the year.

Earnings at state-owned firms increased 8.2 percent and private firm's profits went up by 5.9 percent in the January to November period.

What to read next

We use cookies to ensure that we give you the best experience on our website. Please allow cookies for fully-functioning website.

Allow Cookies Privacy Policy