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China's industrial profit growth slows in H1

Profits of China's major industrial firms rose 6.2 percent year on year in the first half of 2016, narrowing from a 6.4-percent rise registered in the first five months, official data showed on Wednesday.

Profits at industrial companies with annual revenues of more than 20 million yuan (about US$3.1 million) totaled 3 trillion yuan in the first six months, the National Bureau of Statistics said.


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