Profit of China's large-scale industrial enterprises increased by 18.8% year-on-year in the first five months, with a monthly growth rate of 21.1% in May alone.

U.S. media: Data released by China shows that profits of large-scale industrial enterprises increased by 18.8% year-on-year from January to May, further accelerating from the 18.2% growth rate recorded in January to April.

Among them, monthly profit in May surged 21.1% year-on-year, indicating that the profitability of Chinese industrial enterprises continued to strengthen throughout the reporting period, with particularly notable growth in May.

Original article: toutiao.com/article/1869146985056268/

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