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China Daily | Updated: 2016-06-28 07:35
Govts & policies
Industrial profit growth slows further in May
Profits of China's major industrial firms rose 3.7 percent year-on-year in May, 0.5 percentage points lower than that recorded in April, official data showed on Monday. Profits of industrial companies with annual revenues of more than 20 million yuan ($ 3.1 million) totaled 537 billion yuan last month, the National Bureau of Statistics said.
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