Industrial profits surge 106% in first four months
Updated: May 29, 2021 08:54english.www.gov.cn/Xinhua
Robotic arms assemble engines on an assembly line at a workshop of the Weichai Power Co Ltd in Weifang city, East China's Shandong province, April 22, 2021. Industrial profits with an annual business revenue of at least 20 million yuan (about $3.12 million) saw their combined profits surge 106 percent year-on-year in the January-April period to over 2.59 trillion yuan, data from the National Bureau of Statistics (NBS) showed. When compared with the first four months of 2019, the figure represented a rise of 49.6 percent. The average growth rate in the past two years stood at 22.3 percent, NBS data showed. [Photo/Xinhua]
Workers assemble engines on an assembly line at a workshop of the Weichai Group in Weifang city, East China's Shandong province, April 22, 2021. [Photo/Xinhua]