
China’s Industrial Profits Rise 4.3% in Q1, Signaling Economic Recovery
China’s major industrial firms saw profits rise by 4.3% in Q1, reversing earlier declines and marking three consecutive quarters of growth.
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China’s major industrial firms saw profits rise by 4.3% in Q1, reversing earlier declines and marking three consecutive quarters of growth.
The Chinese mainland’s manufacturing sector profits rose by 7.9% in Q1 2024, driven by strong demand and supportive policies, signaling robust industrial growth.
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Premier Li Qiang counters claims of China’s excess capacity, highlighting global cooperation and strong market demand exemplified by Xiaomi’s auto launch.