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Urgent: China's industrial profits grow 19.5 pct in August

Xinhua, September 27, 2016 Adjust font size:

Profits of Chinese industrial businesses rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August, official data showed Tuesday.

The growth rate was faster than an 11-percent increase registered one month earlier, according to the National Bureau of Statistics. Endi