China Dec industrial profits rise 6% on-year


An employee working at Daimler's new engine plant in Beijing, China. Chinese industrial firms' profits rose 6% in December to 942.5 billion yuan (US$155.84bil).


BEIJING: Profits earned by Chinese industrial firms rose 6% in December to 942.5 billion yuan (US$155.84bil) from a year earlier, slower than the annual growth of 9.7% in November, the National Bureau of Statistics said on Tuesday.

For the whole year of 2013, industrial profits totalled 6.28 trillion yuan, up 12.2% from the same period a year ago, the bureau said on its website, www.stats.gov.cn.

Profits had risen 13.2% in the first 11 months of 2013 – Reuters. 

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China , industry , firms , profits , Dec , 2013

   

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