Annual growth of China’s industrial profits quickened to 22.8 per cent in November from October’s 20.5 per cent, official data showed on Thursday, reinforcing signs of a steady economic recovery thanks to pro-growth policies.
Chinese industrial firms made 638.5 billion yuan (US$102.4 billion), China’s National Bureau of Statistics (NBS) said in a statement published on its website, www.stats.gov.cn.
via Business feed http://www.scmp.com/business/economy/article/1113473/china-factory-profit-growth-quickens-economy-recovers
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