China’s industrial profits fell at a slower pace in May, downstream industries saw profit improving
DATA FEATURES
China’s industrial profits fell at a slower pace in May, downstream industries saw profit improving
DATA FEATURES

China’s industrial profits fell at a slower pace in May, downstream industries saw profit improving

 

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Profits at Chinese industrial companies declined at a slower pace in May as production and logistics gradually recovered after the Covid-19 outbreaks ease.

Industrial companies' profits fell by 6.5% in May from a year earlier, narrowing by 2 percentage points from the drop in the previous month, according to data released by the National Bureau of Statistics (NBS) on Monday.

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