Industrial companies' profits are growing rapidly. In the first half of the year, against the backdrop of steady growth in industrial production and a continuous recovery in industrial product prices, the operating income of large-scale industrial enterprises increased 6.5% year-on-year, 1.5 percentage points faster than in the first quarter. Revenue growth accelerated, driving profits of large-scale industrial enterprises up to 18.7% year on year, 3.2 percentage points faster than in the first quarter. Looking at the three major categories, mining and manufacturing profits increased by 33.5% and 20.1% respectively, 17.3 and 1.0 percentage points faster than in the first quarter; the electricity, heat, gas and water production and supply industries declined by 4.2%. In June, the profits of industrial enterprises above the national scale increased by 15.1% year-on-year.

Industrial companies' profits are growing rapidly. In the first half of the year, against the backdrop of steady growth in industrial production and a continuous recovery in industrial product prices, the operating income of large-scale industrial enterprises increased 6.5% year-on-year, 1.5 percentage points faster than in the first quarter. Revenue growth accelerated, driving profits of large-scale industrial enterprises up to 18.7% year on year, 3.2 percentage points faster than in the first quarter. Looking at the three major categories, mining and manufacturing profits increased by 33.5% and 20.1% respectively, 17.3 and 1.0 percentage points faster than in the first quarter; the electricity, heat, gas and water production and supply industries declined by 4.2%. In June, the profits of industrial enterprises above the national scale increased by 15.1% year-on-year.