China's industrial profits up 17.1 pct in Jan.-July
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Profits of China's major industrial firms grew 17.1 percent in the first seven months of 2018, slightly down from the 17.2-percent expansion for the January-June period, official data showed Monday.

In July alone, combined profits at industrial companies each with annual revenue of more than 20 million yuan (about 2.9 million U.S. dollars) went up 16.2 percent year on year to reach 515 billion yuan, according to the National Bureau of Statistics.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan