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PROFITS from Chinese industrial enterprises jumped 10
percent, to 324.6 billion yuan (US$39.3 billion) in the first
eight months of this year, official figures showed.
Figures released by the National Bureau of Statistics
(NBS) Tuesday showed that the growth rate was up 1.9
percentage points from that of the first seven months of the
year.
From January to August sales of industrial enterprises
surged 14.1 percent year-on-year to 6,648.7 billion yuan. The
growth rate was 0.5 percentage points higher than in the
January-July period.
The automobile, chemical, coal mining and machinery
sectors raked in 20 billion yuan in profits, accounting for
68.1 percent of the total industrial profits.
(Xinhua)
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