Profits at China’s industrial companies registered their steepest decline this year in September, as policymakers battle to restore confidence across the world’s second-biggest economy.
Profits at large industrial companies fell by 27.1 per cent in September year-on-year, after a 17.8 per cent fall in August. The gauge, which is published by the National Bureau of Statistics, tracks firms with more than Rmb20mn ($2.8mn) in turnover.
The figures come amid mounting pressure on Beijing to support the economy after a string of disappointing data that highlight the effects of a multiyear property slowdown and weaker consumer demand.
您已阅读29%（633字），剩余71%（1522字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。