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The profits of China's major industrial firms fell 22.9 percent year on year in the first two months of 2023, data from the National Bureau of Statistics (NBS) showed on Monday.
Industrial firms with annual main business revenue above 20 million yuan (about $2.91 million) saw their combined profits reach 887.21 billion yuan in the period, the NBS said.
(With input from Xinhua News Agency)
(Cover: Workers assemble automobiles in a car plant in Weifang, east China's Shandong Province, January 31, 2023. /CFP)
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466