Chinese industrial companies’ profits rose in September for the first time in six months, adding to signs economic growth is picking up following a seven- quarter slowdown.
Net income rose 7.8 percent from a year earlier to 464.3 billion yuan ($74.3 billion), the National Bureau of Statistics said today in Beijing. That compared with a 6.2 percent decline in August, the year’s largest drop.
Today’s report followed data showing industrial production and retail sales accelerated in September and a manufacturing gauge rose in October. Chinese Premier Wen Jiabao said the economy will keep showing “positive changes,” according to a report last week by the official Xinhua News Agency.
http://www.bloomberg.com/news/2012-10-27/china-s-industrial-profits-rise-for-first-time-in-six-months.html
Geen opmerkingen:
Een reactie posten