Profits earned by Chinese industrial enterprises declined at a faster pace in December, figures from the National Bureau of Statistics showed Wednesday.
Industrial profits fell 4.7 percent year-over-year at the end of the year, which was worse than the 1.4 percent decrease in November. It was the seventh month of drop in a row.
In the whole year 2015, total industrial profits contracted 2.3 percent compared with the preceding year.
Among sectors, profits earned by mining industry slumped 58.2 percent in 2015, while manufacturing sector logged a growth of 2.8 percent.
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