Profit of Chinese industrial giants increased
The profits of Chinese industrial giants reached 616.31 billion yuan in June and increased by 5.1% compared to June 2015. The growth rate has enhanced for 1.4% compared to May, reports Xinhua data published PRC State Statistical Management. Entities with annual income that exceeds 20 million yuan are considered as big enterprises. According to experts, good indicators by the end of June was caused by the acceleration of industrial production growth and sales of industrial products, as well as the slowdown in falling prices for commodities.