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China's industrial profits rose 3.4% YoY in the first five months of 2021, with equipment manufacturing up 11.5%, but commodity producers faced a decline.
China's industrial profits rose by 3.4% year-on-year in the first five months of 2021, as per the National Bureau of Statistics, marking a slight decrease from the 4.3% increase in the first four months.
Equipment manufacturing experienced a significant increase with profits rising 11.5% YoY, contributing 3.6ppts to overall growth.
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Los beneficios industriales de China aumentaron un 3,4% interanual en los primeros cinco meses de 2021, y la fabricación de equipos aumentó un 11,5%, pero los productores de materias primas afrontaron una caída.