China's industrial profits rose 10.2% YoY in Jan-Feb 2024, reaching 914.06 billion yuan, per NBS.

China's industrial profits increased 10.2% year-on-year in the first two months of 2024, according to the National Bureau of Statistics (NBS). This marks a positive sign for the country's economy, despite ongoing challenges in the property market. Industrial firms with annual main business revenue of at least 20 million yuan saw their combined profits reach 914.06 billion yuan in the period.

March 27, 2024
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