China’s major industrial enterprises saw a 3.6 per cent YoY profit increase in January-July 2024, with July profits rising by 4.1 per cent.
Out of 41 industrial sectors, 21 showed improved profit growth or reduced decline.
The consumer goods sector led with a 10.2 per cent profit rise, and 11 of 13 key sectors saw growth, with eight surpassing 10 per cent.
Out of 41 industrial sectors, 21 showed improved profit growth or reduced decline.
The consumer goods sector led with a 10.2 per cent profit rise, and 11 of 13 key sectors saw growth, with eight surpassing 10 per cent.
