China Factory Profit Surges 12% in First Quarter: "China's industrial profits grew 12.1 percent in the first quarter this year from a year ago, official data showed on Saturday.
Chinese industrial firms made total profits of 1.17 trillion yuan ($189.78 billion) in the first three months, the National Bureau of Statistics (NBS) said in a statement on its website (www.stats.gov.cn)."
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