Economic Watch Chinas industrial profits accelerate rebound
BEIJING,March27(Xinhua)--ProfitsofChinasmajorindustrialfirmssawacceleratedgrowthinthefirsttwomonthsofthisyearastheeconomyfurtherfirmsupfromtheCOVID-19-inducedwoes,an()sawtheircombinedprofitssurge179percentyearonyearduringtheJan.-,datafromtheNationalBureauofStatistics(NBS),,xternaldemand,alowcomparisonbaseandlongerproductionhoursbyfirmsasworkers"stayedput"fortheChineseLunarNewYearholidaythisyear,,China,allmajorindicatorsofconsumption,investmentandindustrialproduction,state-controlledindustrialfirmssawtheirprofitssurge182percentfromayearearlierwhileprofitsofprivateindustrialfirmsjumped137percentyearonyear,,foreign-investedinear,andprofitsof24sectorshavemorethandoubled,,withprofitsinequipmentandhigh-techmanufacturingsectorsjumpingmorethan700and300percentfromlastyear,,,thereremainedchallengessuchasexternaluncertaintiesandunbalancedimprovementacrossdifferentsectors,saidZhu,rin2021,withmoreeffortsonreform,innovationandhigh-qualitydevelopment,accordingtothisyear。
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