China’s industrial profits grew at faster pace in September boosted by mining, raw material industries
DATA FEATURES
China’s industrial profits grew at faster pace in September boosted by mining, raw material industries
DATA FEATURES

China’s industrial profits grew at faster pace in September boosted by mining, raw material industries

 

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Profits at China’s industrial companies grew at a faster pace in September despite surging prices and supply chain bottlenecks, mainly supported by robust profits in mining and raw materials industries.

Profits jumped 16.3 per cent in September from a year earlier to 738.74 billion yuan ($115.72 billion), according to data released by the National Bureau of Statistics on Wednesday, accelerating from the 10.1 per cent gain in August.

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