Hey there! 😃 Big news from the Chinese mainland: China's major industrial firms kicked off 2024 with a bang! 📈 In the first two months of the year, they saw profits jump by an impressive 10.2% compared to the same period last year. Talk about starting strong! 💪
According to the National Bureau of Statistics (NBS), industrial companies with annual main business revenue of at least 20 million yuan (that's about $2.82 million) raked in a whopping 914.06 billion yuan in profits. 💰 Meanwhile, their revenues climbed 4.5% to reach 19.44 trillion yuan. Cha-ching! 🤑
Yu Weining, an NBS statistician, noted that from January to February, the profits of China's major industrial enterprises registered relatively rapid growth and a steady startup. Looks like 2024 is off to a promising start for China's economy! 🌟
Stay tuned for more updates on global economic trends! 🌍
Reference(s):
cgtn.com
