The industrial profit data covers large firms with annual revenues of over 20 million yuan (US$3.1 million) from their main operations. Photo: Xinhua
The industrial profit data covers large firms with annual revenues of over 20 million yuan (US$3.1 million) from their main operations. Photo: Xinhua

China industrial profit growth accelerates despite rising price of coal, supply shortages, power rationing

  • Profits at China’s industrial firms jumped 16.3 per cent year on year to 738.74 billion yuan (US$115.7 billion), quickening from the 10.1 per cent gain in August
  • China’s industrial sector has been hit by the surging price of coal, supply shortages and power rationing triggered by coal shortages due to emission reduction targets

The industrial profit data covers large firms with annual revenues of over 20 million yuan (US$3.1 million) from their main operations. Photo: Xinhua
The industrial profit data covers large firms with annual revenues of over 20 million yuan (US$3.1 million) from their main operations. Photo: Xinhua
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