In the first five months, the profits of industrial enterprises above a certain designated scale increased by 83.4% year-on-year

On June 27, National Bureau of Statistics of China announced that from January to May, the total profits of industrial enterprises above a certain designated scale nationwide reached RMB 3.42474 trillion, up by 83.4% year-on-year, 48.0% higher than the same period in 2019, increased by 21.7% averagely in recent two years. In May, industrial enterprises above a certain designated scale realized a total profit of RMB 829.92 billion, up by 36.4% year-on-year, 44.6% higher than the same period in 2019, increased by 20.2% averagely in recent two years. The picture shows a spandex company in Lianyungang on June 27. Workers are checking the operation of the production line.

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