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

Topic |   China’s power crisis
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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