A woman works at Tongfa shoe factory in Santai town of Anxin county, one part of the new special economic zone Xiongan New Area, in Hebei province. , China, April 6, 2017. Photo: Reuters

Companies’ first-quarter earnings rise as China trims industrial capacity

First-quarter profits at China’s publicly traded companies rise 21 per cent as a state campaign to eliminate excess capacity boosts prices

Topic |   China stock market

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A woman works at Tongfa shoe factory in Santai town of Anxin county, one part of the new special economic zone Xiongan New Area, in Hebei province. , China, April 6, 2017. Photo: Reuters
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