Profits of industrial enterprises surge

Profits of China's major industrial enterprises rose the most in nearly six years in September, and analysts said the trend of a high growth rate may continue as the country's reduction of excessive production capacities and pollution control are set to push up prices of industrial products.

Profits of major industrial enterprises in September rose by 27.7 percent year-on-year to reach 662.18 billion yuan ($99.5 billion), up from 24 percent in August, the National Bureau of Statistics said on Friday.

It was the strongest single-month growth since December 2011, when profits surged by 31.5 percent.