R&D thrust marks H1 fine show of A-share firms

A-share companies' better-than-expected financial results in the first half and improved strength in research and development reflect the vitality and resilience of China's economy, experts said.

As of Wednesday, 4,825 A-share companies have released their financial results for the first half, with their combined sales revenue up 9.24 percent year-on-year to exceed 34.5 trillion yuan ($5 trillion), said the China Association for Public Companies.

Their total net income climbed 3.19 percent year-on-year to 3.25 trillion yuan, with the second-quarter performance beating market expectations, the association said.