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China's industrial profits increase in the first half of 2021 on stable demand.



China's large industrial enterprises saw a sharp increase in profit growth in the first half of 2021 on the back of a stable recovery in industrial demand and improvements in business results.

The National Bureau of Statistics (NBS) said these companies had a total profit of 4.22 trillion yuan ($651 billion) in the first half of 2021, an increase of 66.9 percent year-on-year. and an average increase of 20.6% in two years .

The data covers companies with annual revenues of more than 20 million yuan from core operations. สมัครสล็อตxo

Profits of upstream mining companies and raw material producers showed significant growth, NBS data revealed in the first half of the year. The two-year average profit growth rate in the mining and raw material manufacturing industry is 16.5 percent and 35.8 percent, respectively.

Profits in the chemical, steel and coal industries have also increased as demand increases.


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