News Column

China Industrial Profit Growth Slows In July

August 27, 2014

BEIJING (Alliance News) - Profits of Chinese industrial firms increased at a slower pace in July, a report from the National Bureau of Statistics showed Thursday.

Industrial profits increased 13.5% year-over-year in July. In June, profits had risen 17.9%.

Total industrial profit in the January to July period rose 11.7% year-on-year. In the January to June period, industrial profits grew 11.4%.

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Source: Alliance News

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