Profits of China's major industrial firms grew 17.1 percent in the first seven months of 2018, slightly down from the 17.2-percent expansion for the January-June period, official data showed Monday.
In July alone, combined profits at industrial companies each with annual revenue of more than 20 million yuan (about 2.9 million U.S. dollars) went up 16.2 percent year on year to reach 515 billion yuan, according to the National Bureau of Statistics.
World Forum on Scientific and Technological Innovation to kick off in Beijing
Four policies in sight to attract foreign investment
China CPI up by 2.1 percent year-on-year in July
Shanghai tops consumer spending list in H1
China's service trade up by 8.5 percent in H1
China runs USD 5.8 bln current account surplus in Q2
RMB exchange rate to hit stable track in H2, reports say
China's Hainan province to invest over 100 billion yuan in infrastructure
