China's industrial profit growth rises on recovery of domestic economy

Note: This section contains information in English only.
Source: RTT News
Profit growth of Chinese industrial firms accelerated in November signing a recovery of domestic economy after a long period of slow growth, the National Bureau of Statistics reported on Thursday. Year-on-year, China's industrial profits climbed 22.8% in November compared to 20.5% advance in the month before, however the country's growth is forecast to slow down to 7.9% this year, its lowest level since 1999.
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