(MENAFN) According to the National Bureau of Statistics (NBS), China's industrial businesses profits hit USD110.84 billion in November, down 4.2 percent on year, Xinhua reported.
Profits dropped 2.1 percent in October, while they rose 0.4 percent in September, decreased 0.6 percent in August and gained 13.5 percent in July year on year.
The total profits of industrial companies during the January-November period were USD914.43 billion, up 5.3 percent year on year. However, growth decelerated by 1.4 percent from the January-October period.
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