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Industrial firms H1 profits up 67% By Cheng Yu | China Daily | Updated: 2021-07-28 08:59 Share CLOSE A technician works on the production line of an aluminum product manufacturer in Qinhuangdao, Hebei province. [CAO JIANXIONG/FOR CHINA DAILY] First-half revenues of China s major industrial companies saw a steady recovery, yielding almost 67 percent year-on-year surge in their combined profit, but private enterprises and smaller firms still face big challenges in their attempts to grow their profits, officials and industry experts said on Tuesday. Data from the National Bureau of Statistics showed that first-half profits of industrial firms with an annual business turnover of at least 20 million yuan ($3.09 million) totaled 4.22 trillion yuan, up 45.5 percent from the corresponding figure of 2019, the last pre-COVID level.

Zhu hongShi yinghuaChinese academy of fiscal sciencesNational bureau of statisticsResearch centerNational bureauChinese academyFiscal sciencesShen lanStandard charteredஜு ஹாங்சீன கலைக்கழகம் ஆஃப் நிதி அறிவியல்தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள்ஆராய்ச்சி மையம்தேசிய பணியகம்சீன கலைக்கழகம்