Briefly

Listed firms' profits up 2.5% in first 3Qs

China's listed companies raked in 4.75 trillion yuan ($659 billion) in net profit in the first three quarters of this year, up nearly 2.5 percent year-on-year, data from the China Association for Public Companies showed. Their total business revenue grew 8.5 percent year-on-year to 52.37 trillion yuan, the association said, citing third-quarter financial statements of 4,945 firms listed on the Shanghai, Shenzhen and Beijing stock exchanges. Nonfinancial listed companies posted higher revenue growth than financial firms during the period, data showed.

Top shipbuilder tag stays with China

China's shipbuilding industry continued to lead globally in the first three quarters of this year, boasting the biggest international market share in terms of output and new and holding orders, official data showed. The country's shipbuilding output reached 27.8 million deadweight tons in the period, accounting for nearly 46 percent of the total globally, according to the Ministry of Industry and Information Technology. New orders in China's shipbuilding sector took up 53.6 percent of the overall orders globally, while its holding shipbuilding orders accounted for 48 percent of the global total, the ministry said.

Xinhua - China Daily