Hey amigos! 📢 Guess what? China's industrial sector is showing signs of bouncing back! 🎉 In November, the total profits of major industrial enterprises in the Chinese mainland fell by only 7.3% year-on-year, an improvement from October's 10% drop. That's a hefty 799.4 billion yuan (about $109.5 billion) in profits! 💰
Some industries are not just surviving, but thriving! 🌟 The nonferrous metal smelting and rolling processing industry saw a whopping 20.2% increase in profits. 🔥 The electricity, heat production, and supply industries powered up with a 13.5% rise. ⚡️ Even the textile industry reported a 4.6% growth, and high-tech sectors like computer, communication, and electronic equipment manufacturing grew by 2.9%. 🧵💻
This uptick is a promising sign for the global economy 🌐, especially for young entrepreneurs and investors keeping an eye on Asia's markets. 📈 Who knows, maybe it's time to think about new opportunities or collaborations! 🤝
Reference(s):
cgtn.com
