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China Daily | Updated: 2016-07-28 07:17

Industrial profit growth slows in H1

Profits of China's major industrial enterprises rose 6.2 percent year-on-year in the first half of 2016, narrowing from a 6.4 percent rise registered in the first five months, official data showed on Wednesday. Profits at industrial companies with annual revenues of more than 20 million yuan ($3.1 million) each totaled 3 trillion yuan in the first six months, the National Bureau of Statistics said.

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