China's major industrial businesses post 38% rise to $1.3 trillion, in first 11 months

Official data shows that profits of China's major industrial firms continued rapid growth in the first 11 months of the year. Industrial firms saw their combined profits rise by 38 percent from a year ago to nearly 8 trillion yuan or $1.3 trillion from January to November. The figures are from companies with at least 20 million yuan annual business revenues.

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