China’s National Bureau of Statistics (NBS) said on Wednesday that profits of industrial companies in China jumped 11.1% in March from a year earlier.
For the first quarter of 2016, industrial profits climbed 7.4% from a year earlier.
NBS official He Ping said in a statement that the rise profits of industrial companies in March was partly driven by an improving economy. He added that it was not a balanced and stable recovery.
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