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Textiles

Prime Content | 
China's major industries see profit surge in October 2023

27 Nov '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In October 2023, major Chinese industrial firms reported a 2.7 per cent year-on-year profit increase, marking their third consecutive month of growth.
  • The most significant boost was in the raw material production sector, with a 22.9 per cent profit surge.
  • Despite these gains, the overall profit for the first ten months declined by 7.8 per cent.
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