Home Facts china

China Jan-April profits up 91.5% year-on-year

China Jan-April profits up 91.5% year-on-year

Write: Sukutai [2011-05-20]

BEIJING - Industrial profits in China rose 91.5 percent in the first four months of the year from the same period a year earlier, according to a wide sample of provinces, the statistics agency said on Friday.

The data covered industries operating in 24 of the country's 31 provinces and accounting for 82 percent of nationwide industrial revenues.

The year-on-year profit increase was 11.1 percentage points lower than the pace in the first quarter for the same sample of provinces, the National Bureau of Statistics said on its website.