China's industrial profits down 19.3% in first five months
2020-06-28
Workers assemble an industrial turbine at a factory in the Haizhou Economic Development Zone in Lianyungang, Jiangsu province, in May. [Photo by Geng Yuhe/For China Daily]
BEIJING -- Profits of China's major industrial firms dropped 19.3 percent year-on-year in the first five months of 2020 due to the COVID-19 impact, data from the National Bureau of Statistics showed Sunday.
