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Ohm Raumzeit
The SSO defines large businesses as those with yearly revenues of greater exceeding 20 million yuan.
11 out of the 41 industries, including oil refineries, coal, chemical, and metallurgy businesses, saw declines in their profitability.
Large state-owned industrial enterprises' profits dropped 16.5% between January and August, while private companies’ profits fell by 4.6%.
The combined earnings of China's major industrial firms climbed by 17.2% in August.
source: bloomberg.com
11 out of the 41 industries, including oil refineries, coal, chemical, and metallurgy businesses, saw declines in their profitability.
Large state-owned industrial enterprises' profits dropped 16.5% between January and August, while private companies’ profits fell by 4.6%.
The combined earnings of China's major industrial firms climbed by 17.2% in August.
source: bloomberg.com
