Slowdown in profit growth rates continued for leading Chinese industrial enterprises in May

Date: 16:18, 27-06-2016.

Almaty. June 27. Silkroadnews – This May profit of China’s major industrial enterprises increased by 3.7% compared to the same period of last year. The growth rate fell by 0.5 percentage points compared with the numbers registered in April, China’s National Bureau of Statistics reports.

According to data received, in May profit of leading industrial enterprises, which annual revenues in the course of their core businesses exceeded 20 million yuan (about $3.1 million), reached 537 billion yuan.

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