http://www.xinhuanet.com/english/2021-05/27/c_139973107.htm
Industrial firms with an annual business revenue of at least 20 million yuan (about 3.12 million U.S. dollars) saw their combined profits surge 106 percent year on year in the January-April period to over 2.59 trillion yuan, data from the National Bureau of Statistics (NBS) showed.
When compared with the first four months of 2019, the figure represented a rise of 49.6 percent. The average growth rate over the past two years stood at 22.3 percent, NBS data showed.
The accelerated growth in industrial profits came as market demand continued to improve and major industrial firms had seen improved operations since the beginning of this year, said senior NBS statistician Zhu Hong.
In April alone, the profits of major industrial firms increased 57 percent year on year to 768.63 billion yuan.
