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Economic Watch: New growth drivers fuel China's industrial profit gains

NAMPA / Xinhua
2026-07-27
BEIJING, July 27 (Xinhua) -- Fast-growing new growth drivers, including AI-related industries, are fueling sustained growth in China's industrial profits, as the country's shift toward innovation-driven development gathers momentum. Profits at China's major industrial enterprises rose 18.7 percent year on year in the first half (H1) of the year, accelerating from a 15.5-percent increase in the first quarter, the National Bureau of Statistics (......
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