The profits of China’s major industrial firms grew 83.4% year-on-year in the period between January and May to about 3.4 trillion yuan ($527 billion), data from the National Bureau of Statistics (NBS) showed on Sunday.
The growth came on the back of recovery in demand. Compared with the first five months of 2019, the figure represented a rise of 48%.
Continue reading https://on.rt.com/bb6w