The profits of state-owned industrial companies on the mainland grew 9.4 per cent in the first nine months of the year. Photo: ReutersThe profits of state-owned industrial companies on the mainland grew 9.4 per cent in the first nine months of the year. Photo: Reuters
The profits of state-owned industrial companies on the mainland grew 9.4 per cent in the first nine months of the year. Photo: Reuters

Chinese firms thrive despite slowdown

Net profits among companies jump 21pc in the third quarter, driven by a resilient private sector, as the wider economy slows to 7.5pc growth

The profits of state-owned industrial companies on the mainland grew 9.4 per cent in the first nine months of the year. Photo: ReutersThe profits of state-owned industrial companies on the mainland grew 9.4 per cent in the first nine months of the year. Photo: Reuters
The profits of state-owned industrial companies on the mainland grew 9.4 per cent in the first nine months of the year. Photo: Reuters
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