Briefly

Industrial profits down in Jan, Feb

The combined profit of China's major industrial enterprises fell 0.3 percent year-on-year in the first two months, the National Bureau of Statistics said on Thursday. Industrial firms with an annual main business revenue of at least 20 million yuan ($2.79 million) saw their combined profits reach 910.99 billion yuan during this period. In the first two months of the year, China's manufacturing sector reported a total profit of 639.51 billion yuan, a year-on-year increase of 4.8 percent.

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