Hey there, economics enthusiasts! 📊 China's industrial giants are making waves again. In the first half of 2023, they've raked in a whopping 3.51 trillion yuan (about $484.1 billion USD)! That's a sweet 3.5% bump from last year! 🚀
According to the National Bureau of Statistics (NBS), this growth isn't just steady—it's picking up speed. In June alone, profits from major industrial firms (those with annual revenue over 20 million yuan) shot up by 3.6%, which is 2.9 percentage points higher than in May. Talk about momentum! 💥
Yu Weining, a statistician from the NBS, highlighted that the growth rate of industrial enterprise profits has been recovering steadily. This could spell exciting times ahead for global markets and savvy investors keeping an eye on Asia. 🌏
So, whether you're an aspiring entrepreneur, a student of economics, or just someone who loves staying in the loop with international trends, these numbers are definitely something to watch! 📈
Reference(s):
cgtn.com