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China’s industrial profits shrink in H1
Updated: July 27, 2019 09:50 Xinhua

BEIJING — Profits of China’s major industrial firms fell 2.4 percent year-on-year in the first half of 2019, data from the National Bureau of Statistics showed on July 27.

Combined profits of industrial firms with annual revenue of more than 20 million yuan ($2.9 million) amounted to 2.98 trillion yuan in the first six months.

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