China industrial profits surge 21% in 2017

Xinhua | Updated: 2018-01-26 10:09

Share - WeChat

A worker tests new wheel products at a steel plant in Ma'anshan, Anhui province. [Photo by Zhang Mingwei/For China Daily]

BEIJING - Profits of China's major industrial firms increased 21 percent year-on-year in 2017, the fastest pace since 2012, the National Bureau of Statistics (NBS) said Friday.

The reading was 12.5 percentage points faster than the growth rate registered in 2016, the NBS said in a statement.

Related Stories

Photo

Tianjin showcases its history, culture and innovation

Renewable energy powers Summer Davos in Tianjin

High-tech exhibits displayed at 9th China-South Asia Expo in Kunming

Gansu's Dunhuang embraces low-altitude economy with desert views

LEGO Group brings 'World Play Day' to Shanghai

The 4th China-Africa Economic and Trade Expo opens in Changsha

Most Viewed in 24 Hours

State Council News

China to replicate Shanghai pilot FTZ measures nationwide

Policies concerning expats, foreign enterprises in June 2025

Top 10

Top 10 countries attracting Chinese tourists

Business focus

China's low-altitude industry advancing at pace

Handset vendors expanding international sales

China Data

Vibrant China: Trade events signal robust growth

SOEs

Chinese SOEs to expand market presence in Central Asia

Construction SOE to increase focus on BRI

Special

2025 Summer Davos

RCEP Media & Think Tank Forum

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.

Registration Number: 130349