Growth in the Chinese Industrial Profits for H1


(MENAFN) Official data showed, on Wednesday, that profits of China's major industrial firms raised 6.2% in the first half of this year, which decreased from a 6.4% registered in the first five months.

According to (Xinhua), industrial firms' profits raised from 3.7% posted in May, to 5.1% recorded in June.

Though, the country's GDP increased 6.7% year on year in Q2. And that is considered within the government's targeted range for 2016, which is in the range between 6.5% and 7%, as reported QNA.


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