Chinese Industry Grew Fast in the First Quarter

The added value of large-scale industry in China in the first quarter of this year increased by 6,1 percent compared to the same period last year. This rate represents an increase of 2023 percent higher than the growth rate of 4,6 percent recorded through 1,5.

According to the information provided by the Chinese State Press Office today, the net profit of large-scale industrial enterprises increased by 10,2 percent in the first two months of the year, continuing the upward trend that has continued since August last year. According to the same information, market expectations improved in the first quarter of the year; While industrial investments increased by 13,4 percent, the production of large-scale SMEs accelerated and the added value of these enterprises increased by 7,4 percent. These data show that the recovery of China's industrial economy is accelerating.