Current location:
Profits of foreign
Time:2024-04-30 13:13:59 Source:businessViews(143)
BEIJING, April 6 (Xinhua) -- Foreign-invested firms as well as those with investors from China's Hong Kong, Macao and Taiwan regions reported profit growth of 31.2 percent year on year in the first two months of 2024, according to data released by the National Bureau of Statistics (NBS). The recently released NBS data showed general growth in China's industrial economy. According to the data, profits of large, medium-sized, and small companies grew by 8 percent, 6 percent, and 18.9 percent, respectively, year on year during the first two months of 2024. The data also revealed that the business revenues of surveyed industrial firms rose by 4.5 percent year on year during this period -- which marked an increase of 3.4 percentage points from the growth rate registered for the whole of 2023, indicating a recovery in the industrial economy. While noting the positive rebound of industrial production in China in the first two months of this year, Wang Xin, chief statistician at the NBS industrial statistics department, said the current international situation remained "complicated and severe" in the face of challenges such as insufficient effective demand and corporate profitability, which means that the recovery momentum of the industrial economy needs to be further consolidated.
(Editor:Fu Bo)
share to:
Previous:Philips will pay $1.1 billion to resolve US lawsuits over breathing machines that expel debris
Next:Tesla, Domino's Pizza rise; AMC Entertainment, SoFi Technologies fall, Monday, 4/29/2024
Kind tips:The above content and pictures are compiled from the Internet and are for reference only. I hope they will be helpful to you! If there is any infringement, please contact us to delete it.!
You may also like
- A second new nuclear reactor is completed in Georgia. The carbon
- IAEA chief stresses further monitoring of Fukushima nuke wastewater discharge
- Sri Lanka extends demining body's tenure for landmine free nation
- UN chief to convene with key donors to ensure continued support for Palestine refugees relief work
- Real Madrid coach Carlo Ancelotti apologizes for forgetting German on his Bayern Munich return
- Runway at Tokyo's Haneda Airport reopens after aircraft collision
- Yemeni gov't warns Houthis against military escalation in Red Sea
- 2 killed in U.S. Colorado campus shooting
- Chinese foreign ministry official on US Secretary of State Blinken's visit to China