According to China’s National Bureau of Statistics, industrial-sector enterprise profits rose 14.4% year on year in September, accelerating from a 4.2% increase in August. The data show trends in industrial-sector earnings.
Industrial-sector enterprise profits rose 14.4% year on year in September, accelerating from a 4.2% increase in August. The announcement was made by China’s National Bureau of Statistics and was reported as the latest data showing profit growth.
The data indicate that profit levels across the industrial sector were above those of the previous year, while highlighting that monthly growth expanded significantly compared with August.
The article only conveys the key points of the announced data and does not go into detail on other sectors or contributing factors, or discuss the outlook.