Big industrial firm profits robust in first 7 months
By Xin Zhiming and Wang Yanfei | China Daily | Updated: 2018-08-28 07:31
Experts say that growth may ease in coming months
Large industrial firms maintained high profit growth in the first seven months, but analysts said they would face heavy pressure of slowing profit growth in the coming months of this year.
The country's industrial profit rose 17.1 percent in the January-July period year-on-year, down by 0.1 percentage point compared with the first six months, according to data released by the National Bureau of Statistics on Monday.
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