Firms face pressure to stay in black

Industrial enterprises witness slowing growth amid profitability headwinds

Profit growth among China's major industrial firms slowed in September, leading to a weaker 14.7 percent year-on-year profit expansion from January to September, down 1.5 percentage points compared with the first eight months, analysts said.

They added that enterprises will continue to face heavy profit headwinds in the fourth quarter, although the overall economy remains on track.