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28 Mar 2018, April Capuz, EMIS Editor

China's industrial profits jump 16.1% in the first two months of 2018

Mainland China’s industrial profits has significantly increased by 16% in the January-February period of 2018 China Daily has reported citing data from the National Bureau of Statistics (NBS).

NBS report shows profit growth in sectors such as oil and natural gas extraction and pharmaceutical manufacturing pushed the overall profit growth. Moreover, higher sales of industrial products helped offset weaker price rises, China Daily noted referring to an industry expert’s comment.

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