China's Industrial Profit Drops 2.2% in First Half 2012 From Same Period Last Year
BEIJING--July 31, 2012--Researched by Industrial Info Resources China (Beijing, China)--From January to June 2012, the industrial profits of enterprises in China with revenues from principal business of more than $3.13 million each reached $361.21 billion, a drop of 2.2% from the same period last year. The profit in June alone reached $73.16 billion, a drop of 1.7% from June 2011, according to an announcement from the National Bureau of Statistics of China on July 27.