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China's Q1 industrial profit up 10.1 pct

English.news.cn   2014-04-27 10:07:28

BEIJING, April 27 (Xinhua) -- Chinese industrial businesses saw their profits rise by 10.1 percent year on year in the first quarter of 2014, official data showed on Sunday.

Total profits of industrial companies with annual business revenue of more than 20 million yuan (3.25 million U.S. dollars) reached 1.3 trillion yuan from January to March, the National Bureau of Statistics said in a statement.

The profits growth accelerated compared with a 9.4-percent increase recorded in the first two months.

Related:

China's first quarter GDP grows 7.4 pct

BEIJING, April 16 (Xinhua) -- China's economy outpaced market estimates in the first quarter of 2014, but economists cautioned that downward pressure remains, and targeted measures are needed to ensure growth falls within a proper range.

The nation's gross domestic product (GDP) rose 7.4 percent year on year to 12.82 trillion yuan (2.08 trillion U.S. dollars) in the first quarter, the National Bureau of Statistics (NBS) revealed on Wednesday.  Full story

China to maintain policy continuity, stability

BEIJING, April 25 (Xinhua) -- China's economic growth in the first quarter was within a proper range, so the government will maintain continuity and stability of its macroeconomic policies, the top leadership announced on Friday.

Since the beginning of the year, the country has faced challenges and difficulties head on but the economy has generally had a good start, said a statement released after a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee.  Full story

Editor: Zhu Ningzhu
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