The profits of major industrial enterprises in China exceeded $1.04 trillion last year—down by 3.3 per cent YoY.
Profits were up by 11 per cent YoY in in December last year after being down by 7.3 per cent YoY in November.
High-end, intelligent and green manufacturing recorded faster growth in profits.
Profits in the consumer goods manufacturing sector improved by 3.4 per cent YoY last year.