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China's industrial profits down 1.1 pct in first 7 months

XINHUA

發布於 2022年08月27日02:03 • Ding Yinghua,unreguser

Workers operate on a production line at an assembly workshop of CRRC Zhuzhou Locomotive Co., Ltd. in Zhuzhou, central China's Hunan Province, July 5, 2022. (Xinhua/Chen Zeguo)

BEIJING, Aug. 27 (Xinhua) -- Profits of China's major industrial firms fell 1.1 percent year on year in the first seven months of 2022, official data showed on Saturday.

Industrial firms each with annual main business revenue of at least 20 million yuan (about 2.92 million U.S. dollars) saw their combined profits reach 4.89 trillion yuan in the period, the National Bureau of Statistics said. ■

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