From January to July of 2024, the profits of medium and large-scale industrial enterprises increased by 3.6% year-on-year, 0.1% faster than that of first 6 months, continuing stable recovery trend. Among the 41 major industrial sectors, half industries have accelerated profit growth or narrowed the decline compared with the previous month. For July, the profits increased by 4.1% y/y, 0.5% faster than June, accelerated for two consecutive months. (ICE PECHINO)

Fonte notizia: China National Bureau of Statistics